454 Salisbury Street London, ON

$599,900
|
5 Beds
|
  2 Full
|

PROPERTY INFO

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:4555)

PROPERTY SPECS

Listing ID X12044473
Address 454 SALISBURY STREET
City London, ON
Price $599,900
Bed / Bath 5 / 2 Full
Style Bungalow
Construction Brick
Land Size 45 x 115 FT
Type House
Status For sale

EXTENDED FEATURES

Appliances Dishwasher, Dryer, Refrigerator, Stove, WasherBasement N/ABasement Features Apartment in basement, Separate entranceParking 3Amenities Nearby Hospital, Public Transit, SchoolsCommunity Features School BusEquipment Water HeaterFeatures LaneOwnership FreeholdRental Equipment Water HeaterCooling Central air conditioningFoundation ConcreteHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-03-27 14:01:02Days on Market 26Parking 3

REQUEST MORE INFORMATION

LISTING OFFICE:
Century First Canadian Corp, Andrea Newcombe

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