454 Adelaide St N, London, ON N6B 3H9

SOLD FIRM.Downtown Duplex situated on the border of trendy Old East Village and Woodfield, 2 doors north of the Historic Banting House. A blend of original character and modern updates abound throughout this solid yellow brick 2 story home. Potential to triplex (would require minor variance for lot size). Main Floor 2 bdrm boasts modern renovated Kitchen with direct access to fully fenced and decked private backyard. Spacious 2nd floor 1 bdrm has mostly original Oak and Pine throughout with bright new kitchen. High ceilings on all levels including the basement which has great potential for future development of basement with separate side entrance and 3rd hydro metre. Central Air (2019) & Furnace (2010), Shingles and Eaves (2014). Close to Public transit & Bus Lines. Although no on-site parking there is a City Parking Lot 1/2 block south with $50 monthly parking pass. Smaller lot is great for investors with minimal lawn maintenance! NOTE: photos were taken prior to tenants moving in. Main floor lease $1,425 + hydro 09/30/21 and upper $1,275 + hydro. Great cash flow as is, and with future basement development there is potential for even greater cash flow.