524 Egerton ST new

London,ON N5W 3Z7

$ 1250000

8 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10426763

Style Other

Bedrooms 8

Annual Tax Amount $7,048

Tax Year 2024

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

State ON

County Middlesex

Area East M

Rooms

Family Room Yes

Basement Full,Finished

Kitchen 6

Separate Den/Office 6

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Private

Garage Spaces 10.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Total Parking Spaces 10

Building

Foundation Brick

View More
Favorite Go Tour