454 SALISBURY STREET Active Save Request In-Person Tour Request Virtual Tour
London,ON N5Y3B2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $857
Subdivision East G
MLS Listing ID X12044473
Style Bungalow
Bedrooms 5
Originating Board London and St. Thomas Association of REALTORS®
Property Sub-Type Freehold
Property Description
INVESTORS! Youre not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.4% CAP RATE!!!! This all-brick two unit property with separate detached garage (bonus income potential) is located in a great neighbourhood with an easy commute to Fanshawe College, downtown London, parks, schools and more. The main unit combines comfort with functionality featuring three bedrooms, a generously sized kitchen and a living room with updated laminate flooring, vinyl windows and central air conditioning. This unit is currently rented to excellent tenants at market rent. With the spacious recently renovated two-bedroom lower-level unit being vacant, you can choose your own tenant or have a family member move in as well. Shared laundry is available in the common space making it an attractive feature for prospective tenants. Additional features include the home being equipped with a modern Nest thermostat and a newer furnace. Don't forget the entertainment options with nearby craft breweries and the bustling hubs of The Factory and Clubhouse. This property is perfect for investors looking for a turnkey investment, parents of students attending Fanshawe, and home-owners looking for income potential. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Lower level 2.77 m X 2.85 m Laundry room
Extra Room 2 Lower level 5.65 m X 3.65 m Living room
Extra Room 3 Lower level 4.49 m X 4.48 m Kitchen
Extra Room 4 Lower level 3.76 m X 3.99 m Primary Bedroom
Extra Room 5 Lower level 3.04 m X 3.17 m Bedroom
Extra Room 6 Main level 5.6 m X 4.23 m Library
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
Fence Fenced yard
Community Features School Bus
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Bungalow
Others
Ownership Freehold