454 SALISBURY STREET

London, , N5Y3B2, Canada

$599,900

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.

EXTRAS: Washer, Refrigerator, Dishwasher, Stove, Dryer

Last updated on : Monday 21st of April 2025 04:35:51 PM

ADDRESS

Street : 454 SALISBURY STREET

City : London

Country : Canada

Postal Code : N5Y3B2

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PROPERTY SUMMARY

Property ID : X12044473

Building Type : House

Property Type : Single Family

Bedrooms : 3 + 2

Bathrooms : 2

Parking : 3

Parking Type: Detached Garage, Garage

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