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$1,200,000
Est. payment /mo
Pending
524 Egerton ST London, ON N5W 3Z7
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Pending
Purchase Type For Sale
Subdivision East M
MLS Listing ID X10426763
Style Other
Bedrooms 14
Annual Tax Amount $7,048
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Welcome to this purpose-built 6-plex, a prime multi-family investment opportunity with high income potential. The property features 4 spacious two-bedroom units and 2 larger three floor, currently being used as 3 bedroom, 1.5 bathroom units, offering versatility and appeal to a wide range of tenants. All units are thoughtfully designed for comfortable living. The building includes convenient onsite parking located at the rear, providing hassle-free access for tenants. The property is heated by 3 boilers helping to keep heating costs down. This property is steps away from popular attractions like Western Fair, 100 Kellogg Lane, and a variety of charming boutique shops. Tenants will enjoy the lifestyle convenience of nearby dining, entertainment, and local businesses, all while being just minutes from public transportation and major roadways. Ideal for investors seeking a solid income property in a desirable location. Don't miss this opportunity!
Location
Province ON
County Middlesex
Community East M
Area Middlesex
Rooms
Family Room Yes
Basement Full, Finished
Kitchen 6
Separate Den/Office 6
Interior
Interior Features Separate Hydro Meter
Cooling None
Inclusions 6 fridges, 6 stoves
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 55.0
Lot Depth 184.0
Total Parking Spaces 10
Building
Foundation Brick
Others
Virtual Tour https://tours.clubtours.ca/cvtnb/352295
Listed by SUTTON GROUP PREFERRED REALTY INC.