454 Salisbury Street, London ON

About 454 Salisbury Street

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:56071). Get more information on 454 Salisbury Street

Property Features

Appliances:  Dishwasher, Dryer, Stove, Washer, Refrigerator
Features:  Lane
Rental Equipment:  Water Heater
Directions:  Curry Street
Zoning Description:  RES
Interior Size:  700 - 1100 sqft
Fence:  Fenced yard
Community Features:  School Bus
Lot:  45 x 115 FT 45 x 115 FT
Exterior Finish:  Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age: 51 to 99 years
Foundation: Concrete
Basement:  N/A

Rooms & Sizes

Laundry room Lower level 2.77 m x 2.85 m	Living room Lower level 5.65 m x 3.65 m	Kitchen Lower level 4.49 m x 4.48 m
Primary Bedroom Lower level 3.76 m x 3.99 m	Bedroom Lower level 3.04 m x 3.17 m	Library Main level 5.6 m x 4.23 m
Kitchen Main level 3.54 m x 4.15 m	Primary Bedroom Main level 3.94 m x 4 m	Bedroom Main level 3.02 m x 3.12 m
Bedroom Main level 2.83 m x 3.12 m