159 St James St, London, Ontario N6A 1W6
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Highlights
Estimated ValueNot available
Price/Sqft$439/sqft
Est. Mortgage$5,145/mo
Tax Amount (2024)$8,738/yr
Days On Market27 days
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!
Property Details
Interior
Features
Main Floor
Living
3.94 x 5.34Kitchen
3.86 x 6.92Br
4.39 x 4.80Family
4.93 x 8.88Exterior
Features
Parking
Garage spaces 2
Garage type Attached
Other parking spaces 7
Total parking spaces 9