454 Salisbury ST Active Save Request In-Person Tour Request Virtual Tour
London,ON N5Y 3B2
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision East G
MLS Listing ID X12044473
Style Bungalow
Bedrooms 3
Building Age 51-99
Annual Tax Amount $4,169
Tax Year 2024
Property Sub-Type Detached
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.
Location
Province ON
County Middlesex
Community East G
Area Middlesex
Rooms
Family Room Yes
Kitchen 2
Interior
Cooling Central Air
Exterior
Parking Features Lane
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete