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159 St James Street London, Ontario N6A 1W6

7 Bedroom 6 Bathroom 2499.9795 - 2999.975 sqft
Central Air Conditioning Forced Air

$1,198,000

Fantastic investment opportunity! This well-maintained multiplex offers five units and is ideally located just steps from Downtown London and within walking distance to Western University. The property features an attached double-car garage with two parking spaces, plus the convenience of seven additional spots spread across two private driveways - plenty of parking for tenants. This property is running a %7.0 CAP rate in a phenomenal student area with the opportunity to increase the other 4 units rental income for an even higher CAP rate. Close to public transit, grocery stores, the scenic Thames River, and Gibbons Park, this prime location provides easy access to all amenities, making it highly attractive to both students and professionals. Don't miss out on this excellent chance to own a solid income-generating property in a sought-after area! **** EXTRAS **** Please see Sales Brochure URL for more photos and floor plans with all room measurements. (id:38414)

Virtual Tour

Property Details

MLS® Number X10432559
Property Type Multi-family
Community Name East B
AmenitiesNearBy Park, Hospital, Schools, Public Transit
Features Cul-de-sac
ParkingSpaceTotal 9

Building

BathroomTotal 6
BedroomsAboveGround 5
BedroomsBelowGround 2
BedroomsTotal 7
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
BasementDevelopment Finished
BasementType N/a (finished)
CoolingType Central Air Conditioning
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2499.9795 - 2999.975 Sqft
Type Other
UtilityWater Municipal Water

Parking

Attached Garage

Land

Acreage No
LandAmenities Park, Hospital, Schools, Public Transit
Sewer Sanitary Sewer
SizeDepth 88 Ft
SizeFrontage 66 Ft
SizeIrregular 66 X 88 Ft ; 66.16 X 88.32 X 66.16 X 88.49
SizeTotalText 66 X 88 Ft ; 66.16 X 88.32 X 66.16 X 88.49|under 1/2 Acre
SurfaceWater River/stream
ZoningDescription R2-2(7)

Rooms

Level Type Dimensions
Second Level Kitchen 2.69 m x 2.56 m
Second Level Eating Area 3.57 m x 4.22 m
Second Level Bedroom 3.86 m x 2.54 m
Third Level Laundry Room 1.96 m x 3.21 m
Third Level Bedroom 3.61 m x 3.74 m
Third Level Bedroom 3.61 m x 2.8 m
Third Level Bedroom 4.93 m x 4.54 m
Basement Kitchen 4.5 m x 3.95 m
Main Level Living Room 3.94 m x 5.34 m
Main Level Kitchen 3.86 m x 6.92 m
Main Level Bedroom 4.39 m x 4.8 m
Main Level Family Room 4.93 m x 8.88 m

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November 25 2024 02:50:29

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