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159 St James St

St James St, Saint George-Grosvenor Heritage District, London, ON, N6A 1W6

7
Beds
6
Baths
2,499 - 2,999
Sq. Ft.
$1,198,000
List Price
Details
Photos
40
Comparables
History
159 St James St, London, ON - 1 of 3
159 St James St, London, ON - 2 of 3
159 St James St, London, ON - 3 of 3
37 days on market

Quick Summary

  • Excellent investment opportunity with 5 units
  • Convenient location near Downtown London and Western
  • Attached double-car garage with 7 additional spots
  • Attractive 7.0% CAP rate with upside potential
  • Prime student area with access to amenities

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... Show More

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:54626)

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Property Details

Size

2,499 - 2,999 sq. ft.
12 total rooms across 2 floors
7 Beds
5 Above Grade - 2 Below Grade
6 Baths
6 Full

Parking

9 Parking Spaces
Attached Garage

Lot

Size
792′0″ * 1056′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
-
Foundation
Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Rooms

Kitchen

8′4″ x 8′9″

Eating area

13′10″ x 11′8″

Bedroom

8′4″ x 12′8″

Laundry room

10′6″ x 6′5″

Bedroom

12′3″ x 11′10″

Bedroom

9′2″ x 11′10″

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Source

Listing Brokerage

MLS® Listing
X10432559
Last Updated
November 25, 2024
Brokerage
CENTURY 21 FIRST CANADIAN CORP
Powered by: REALTOR.ca
Call us 800-591-0566

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