329 Salisbury Street, London East, Ontario N5Y 3A8 (29616136)

329 Salisbury Street London East, Ontario N5Y 3A8

6 Bedroom 2 Bathroom 1,500 - 2,000 ft2
None Radiant Heat

$599,900

This well-maintained purpose-built duplex is the ideal addition to any investor's portfolio.Generating $4,350 per month in rental income with tenants paying their own hydro, this property offers strong returns from day one. Both units are on new lease agreements at market rents, with professional property management already in place - making this a truly passive investment opportunity. Each unit features 3 bedrooms, a kitchen with backsplash, a generous living room, in-unit laundry, and a 4-piece bathroom. Major capital improvements have already been completed, including a metal/steel roof (2019), boiler/on-demand water heater (2020), soffits, fascia, and eavestroughs (2020), main floor bathtub with surround (2019), and kitchen cabinet updates(2019) - meaning you get to enjoy the benefits of upgrades without the install.Additional highlights include separate driveways with ample parking, separate hydro meters, a lower level storage area, and a private backyard space.Whether you're a seasoned investor looking to add a low-maintenance asset to your portfolio or a buyer looking to offset your cost of living, 329 Salisbury Street checks all the boxes. (id:53015)

Property Details

MLS® Number X13008634
Property Type Multi-family
Community Name East G
Equipment Type Water Heater
Features Irregular Lot Size, Lane
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Separate Electricity Meters
Appliances Water Heater - Tankless, Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement Development Unfinished
Basement Features Separate Entrance
Basement Type N/a (unfinished), N/a
Cooling Type None
Exterior Finish Brick, Concrete
Foundation Type Block, Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 151 Ft ,6 In
Size Frontage 45 Ft ,1 In
Size Irregular 45.1 X 151.5 Ft
Size Total Text 45.1 X 151.5 Ft
Zoning Description R2-2

Rooms

Level Type Dimensions
Second Level Living Room 5.49 m x 3.66 m
Second Level Kitchen 3.2 m x 2.74 m
Second Level Primary Bedroom 3.81 m x 2.59 m
Second Level Bedroom 3.35 m x 2.74 m
Second Level Bedroom 2.74 m x 2.74 m
Main Level Living Room 5.49 m x 3.66 m
Main Level Kitchen 3.17 m x 2.74 m
Main Level Primary Bedroom 3.51 m x 3.05 m
Main Level Bedroom 3.51 m x 2.74 m
Main Level Bedroom 3.51 m x 2.74 m

https://www.realtor.ca/real-estate/29616136/329-salisbury-street-london-east-east-g-east-g

Contact Us

Contact us for more information

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Kyle Henry
Salesperson

(519) 402-8482

Prime Real Estate Brokerage

(519) 473-9992

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