$ 579,900
-
$579,900
Price -
5
Bed -
2
Bath -
700
SqFt
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About the Listing 371303 -
INVESTORS! You're not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.7% 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.
Listing Highlights for 454 Salisbury St
Status
Active
Days on Site
97
Property Type
Residential
MLS ®
X12198653
Year Built
Total Square Footage
700
Lot/Acreage
0.12
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Separate Entrance
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
- Parking Features: Lane,Detached
Financial Details
- Tax Amount: $4,169
- Taxes w/Assessments: N/A
- Tax/Property ID: 082860201
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
454 Salisbury St London East, ON N5Y 3B2
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