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$ 599,900
Est. payment /mo
New
329 Salisbury ST London East, ON N5Y 3A8
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East G
MLS Listing ID X13008634
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,621
Tax Year 2025
Property Sub-Type Duplex
Property Description
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.
Location
Province ON
County Middlesex
Area Middlesex
Zoning R2-2
Rooms
Family Room No
Basement Unfinished, Separate Entrance
Kitchen 2
Interior
Interior Features On Demand Water Heater, Separate Hydro Meter, Storage Area Lockers
Cooling None
Inclusions 2 stoves, 2 refrigerators, 2 washers, 2 dryers
Exterior
Parking Features Available, Lane, Mutual, Private
Pool None
Roof Type Metal
Lot Frontage 45.11
Lot Depth 151.49
Total Parking Spaces 4
Building
Foundation Concrete Block, Concrete
Others
Senior Community No
ParcelsYN No
Listed by PRIME REAL ESTATE BROKERAGE