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159 ST JAMES STREET
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159 ST JAMES STREET $1,198,000
$1,198,000
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159 ST JAMES STREET
London, Ontario N6A1W6

MLS® Number: X10432559
5 + 2
Bedrooms
6
Bathrooms
2500 - 3000
Square Feet

Listing Description

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. (38101647)

Location Description

From Richmond St (North of Oxford St E) turn West on St James St.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
East B
Land Size
66 x 88 FT ; 66.16 x 88.32 x 66.16 x 88.49|under 1/2 acre
Annual Property Taxes
$8,738.17
Parking Type
Attached Garage
Time on REALTOR.ca
32 days

Building

Bedrooms
Above Grade
5
Below Grade
2
Bathrooms
Total
6
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Type
N/A (Finished)
Building Features
Features
Cul-de-sac
Foundation Type
Concrete
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Park, Hospital, Schools, Public Transit
Parking
Parking Type
Attached Garage
Total Parking Spaces
9

Measurements

Square Footage
2500 - 3000 sqft

Rooms

MetricImperial
Main level
Living room
Kitchen
Bedroom
Family room
Second level
Kitchen
Eating area
Bedroom
Third level
Laundry room
Bedroom
Bedroom
Bedroom
Basement
Kitchen

Land

Lot Features
Frontage
66 ft
Land Depth
88 ft
Other Property Information
Zoning Description
R2-2(7)
Waterfront Features
Surface Water
River/Stream
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3
519-200-7669
519-200-7669
REALTOR® Website
Email
Book showing
CENTURY 21 FIRST CANADIAN CORP
Brokerage
519-673-3390

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