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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.
Dishwasher, Dryer, 2X Refrigerator, 2X Stove, Washer
City: London
Neighborhood: East G
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Jul 11, 2024 | 78 | $624,900 | N/A | Terminated | X9032849 |
Feb 8, 2024 | N/A | $585,000 | N/A | Sold | X7813335 |
Nov 14, 2023 | N/A | $229,777 | N/A | Sold | X7612328 |
Apr 17, 2023 | 7 | $585,000 | $585,000 | Sold | X7813392 |
May 31, 2016 | N/A | $229,777 | N/A | Terminated | X7439918 |
Mar 31, 2010 | 21 | $179,900 | $187,000 | Sold | X7540372 |
Jul 7, 2001 | 98 | $124,500 | $120,000 | Sold | X7620861 |
Purchase Price | $599900 |
Down Payment | $119980 |
Mortgage Insurance | $0 |
Total Mortgage | $479920 |
Mortgage Payment | $2957 |
Property Taxes | $347 |
Maintenance Fees | $0 |
Monthly Payment | $3305 |
Sold Comparables homes near 454 Salisbury St, London
Located at 454 Salisbury St , this London house is available for sale. This property was listed for $599,900 on Sun Apr 13 2025. This house's size is 700-1100 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Library, Kitchen, Primary, Br, Br, Living, Kitchen, Primary, Br, Furnace, Laundry. This property comes with 3 parking spots. 454 Salisbury St, London is situated in the East G neighbourhood.
MLS#: X12044473 · $599,900 · 3 bedroom house in East G, London