London East N5Z 2H1 Ontario
MLS: X12243385
Added 61 days ago | For Sale
Listed by: COLDWELL BANKER THE REAL ESTATE CENTRE
Fantastic investment opportunity with strong in-place cash flow and great tenants already secured. This up/down duplex is well-maintained and priced to reflect an attractive cap rate, making it a smart choice for investors seeking a turnkey addition to their portfolio. Formerly a triplex, the property is currently configured as two separate units with private entrances, separate hydro meters, shared laundry, and dedicated outdoor storage for each apartment. The main floor unit offers 9 ceilings, stainless steel appliances, and additional finished space in the basement including a rec room and denideal for tenant retention and rental value. The upper 1-bedroom unit is bright and welcoming, with solid income in place. Outside, theres parking for up to six vehicles and open space with potential to build a garage, offering further long-term value. Whether you're looking to grow your portfolio or enter the market with a reliable asset, this property delivers on both stability and upside.
Level | Type | Features | Dimensions |
---|---|---|---|
Main | Kitchen | 14 ft, 7 in x 10 ft, 4 in | |
Living Room | Combined w/Dining | 13 ft, 1 in x 20 ft, 8 in | |
Bedroom | 13 ft, 9 in x 10 ft, 11 in | ||
Second | Kitchen | 8 ft, 4 in x 7 ft, 5 in | |
Bedroom | 12 ft, 9 in x 10 ft, 6 in | ||
Bedroom | 9 ft, 8 in x 11 ft, 1 in | ||
Living Room | 16 ft, 7 in x 9 ft, 8 in | ||
Basement | Bedroom | 9 ft, 6 in x 10 ft, 9 in | |
Laundry | 11 ft, 4 in x 10 ft, 9 in | ||
Utility Room | 13 ft, 4 in x 11 ft, 7 in |
No property rooms available.