159 ST JAMES STREET

London, Ontario, N6A1W6, Canada

$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.

EXTRAS: Cul-de-sac

Virtual Tour: https://listings.tourme.ca/videos/019228fe-b6f0-72d0-9d72-d7204954fdcf

Last updated on : Monday 25th of November 2024 09:50:29 AM

ADDRESS

Street : 159 ST JAMES STREET

City : London

Province : Ontario

Country : Canada

Postal Code : N6A1W6

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PROPERTY SUMMARY

Property ID : X10432559

Building Type : Other

Property Type : Multi-family

Bedrooms : 5 + 2

Bathrooms : 6

Parking : 9

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