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Buyers
4
$2,890,000 Sale
Listed 131 days ago
308 EGERTON Street
· 27
· 15.0
· 18
· 11979
Key Facts
Key facts for 308 EGERTON Street
Property Type
Apartment
Parking
Garage: No, 18 parking
MLS #
40836007
Size
11979 sqft
Basement
None
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1970
Maintenance Fee
-
Description
Rare value-add multi-residential investment opportunity in a high-demand rental corridor of London, Ontario. 308 Egerton Street presents investors with the opportunity to acquire a strategically located apartment building offering stable income, strong tenant demand, and significant long-term growth... potential. Positioned minutes from Downtown London, major employment centres, public transit routes, the Western Fair District, and a wide range of amenities, the property benefits from a highly accessible location that continues to attract quality tenants. The building offers opportunities to enhance cash flow through continued operational efficiencies, rental optimization. Strong rental fundamentals, low vacancy trends, and London's growing population support long-term appreciation and income growth. An excellent addition to any real estate portfolio, whether for private investors seeking reliable cash flow or larger operators looking to expand their multi-family holdings in one of Southwestern Ontario's strongest rental markets. Properties of this scale and location are increasingly difficult to secure. A compelling opportunity to acquire a well-positioned multi-residential asset with both immediate income and future upside potential. (id:10452)
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Listing courtesy of: COLDWELL BANKER PETER BENNINGER REALTY
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