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$ 1,250,000
Est. payment /mo
New
524 Egerton ST London, ON N5W 3Z7
8 Beds
8 Baths
UPDATED:
11/20/2024 04:10 PM
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
Listed by SUTTON GROUP PREFERRED REALTY INC.