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! (id:4555)
PROPERTY SPECS
Listing ID X10426763
Address 524 EGERTON STREET
City London, ON
Price $1,200,000
Bed / Bath 14 / 7 Full, 1 Half
Construction Aluminum siding
Land Size 55 x 184 FT
Type Other
Status For sale
EXTENDED FEATURES
AppliancesRefrigerator, StoveBasementFullBasement DevelopmentFinishedParking10Building AmenitiesSeparate Electricity MetersFoundationBrickHeatingHot water radiator heatHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2024-11-15 23:00:58Days on Market63Parking10