5 Bedroom
2 Bathroom
700 - 1,100 ft2
Bungalow
Central Air Conditioning
Forced Air
$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. (id:61594)
Property Details
MLS® Number
|
X12044473 |
Property Type
|
Single Family |
Community Name
|
East G |
Amenities Near By
|
Hospital, Public Transit, Schools |
Community Features
|
School Bus |
Equipment Type
|
Water Heater |
Features
|
Lane |
Parking Space Total
|
3 |
Rental Equipment Type
|
Water Heater |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
3 |
Bedrooms Below Ground
|
2 |
Bedrooms Total
|
5 |
Age
|
51 To 99 Years |
Appliances
|
Dishwasher, Dryer, Stove, Washer, Refrigerator |
Architectural Style
|
Bungalow |
Basement Features
|
Apartment In Basement, Separate Entrance |
Basement Type
|
N/a |
Construction Style Attachment
|
Detached |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick |
Foundation Type
|
Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
1 |
Size Interior
|
700 - 1,100 Ft2 |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Fence Type
|
Fenced Yard |
Land Amenities
|
Hospital, Public Transit, Schools |
Sewer
|
Sanitary Sewer |
Size Depth
|
115 Ft |
Size Frontage
|
45 Ft |
Size Irregular
|
45 X 115 Ft |
Size Total Text
|
45 X 115 Ft |
Zoning Description
|
Res |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Lower Level |
Laundry Room |
2.77 m |
2.85 m |
2.77 m x 2.85 m |
Lower Level |
Living Room |
5.65 m |
3.65 m |
5.65 m x 3.65 m |
Lower Level |
Kitchen |
4.49 m |
4.48 m |
4.49 m x 4.48 m |
Lower Level |
Primary Bedroom |
3.76 m |
3.99 m |
3.76 m x 3.99 m |
Lower Level |
Bedroom |
3.04 m |
3.17 m |
3.04 m x 3.17 m |
Main Level |
Library |
5.6 m |
4.23 m |
5.6 m x 4.23 m |
Main Level |
Kitchen |
3.54 m |
4.15 m |
3.54 m x 4.15 m |
Main Level |
Primary Bedroom |
3.94 m |
4 m |
3.94 m x 4 m |
Main Level |
Bedroom |
3.02 m |
3.12 m |
3.02 m x 3.12 m |
Main Level |
Bedroom |
2.83 m |
3.12 m |
2.83 m x 3.12 m |
https://www.realtor.ca/real-estate/28080735/454-salisbury-street-london-east-g