159 ST JAMES STREET, London FOR SALE

Brokered by: CENTURY 21 FIRST CANADIAN CORP

MLS®: X10432559 ()

Price: $1,198,000.00

Address: 159 ST JAMES STREET, London
FOR SALE
Postal Code: N6A1W6
Style: 
Type: Multi-family Other
Bedrooms: 7
Bathrooms: 6 / 0
Bedrooms Aboveground:  5
Bedrooms Belowground:  2
Parking:  Attached Garage
Garage: Attached Garage
Lot Size:   66 ft x 88 ft
Property Size:  66 x 88 FT ; 66.16 x 88.32 x 66.16 x 88.49
Stories:  2


About 159 St James Street

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:56071). Get more information on 159 St James Street

Property Features

Appliances:  Dishwasher, Dryer, Refrigerator, Stove, Washer
Features:  Cul-de-sac
Rental Equipment:  
Directions:  From Richmond St (North of Oxford St E) turn West on St James St.
Zoning Description:  R2-2(7)
Interior Size:  2499.9795 - 2999.975 sqft
Lot:  66 x 88 FT ; 66.16 x 88.32 x 66.16 x 88.49|under 1/2 acre 66 x 88 FT ; 66.16 x 88.32 x 66.16 x 88.49
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age: 
Foundation: Concrete
Basement:  N/A (Finished) Finished

Rooms & Sizes

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

Found a property your're looking for? Schedule a showing with our team. We're here to answer your questions and help you get a closer look.

JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.