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:4069)
Address
454 SALISBURY STREET
List Price
$599,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Area
Ontario
Sub-Area
London
Bedrooms
5
Bathrooms
2
Floor Area
7,001,100 Sq. Ft.
Lot Size
45 x 115 Acre Sq. Ft.
MLS® Number
X12044473
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Basement Area
N/A
Postal Code
N5Y3B2
Zoning
RES
Site Influences
Hospital, Public Transit, Schools
Features
Lane
