159 St James Street, London
- Bedrooms: 7
- Bathrooms: 6
- Added: 1 day ago
- Updated: 13 hours ago
- Last Checked: 5 hours ago
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!
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More Details and Features
Property DetailsKey information about 159 St James Street
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Stories: 2
- Structure Type: Other
- Foundation Details: Concrete
- Type: Multiplex
- Number Of Units: 5
- CAP Rate: 7
- Attached Garage: Double-car
- Garage Parking Spaces: 2
- Additional Parking Spaces: 7
Interior FeaturesDiscover the interior design and amenities
- Basement: Finished, N/A
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
- Bedrooms Total: 7
- Units Rental Income: Opportunity to increase rental income for 4 units
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 159 St James Street
- Lot Features: Cul-de-sac
- Water Source: Municipal water
- Parking Total: 9
- Parking Features: Attached Garage
- Lot Size Dimensions: 66 x 88 FT ; 66.16 x 88.32 x 66.16 x 88.49
- Driveways: 2
- Parking Capacity: Plenty of parking for tenants
Location & CommunityUnderstand the neighborhood and community
- Directions: From Richmond St (North of Oxford St E) turn West on St James St.
- Proximity To Downtown: Steps from Downtown London
- Proximity To Western University: Within walking distance
- Public Transit Access: Close to public transit
- Nearby Amenities: Grocery stores, Thames River, Gibbons Park
- Target Market: Students, Professionals
Business & Leasing InformationCheck business and leasing options available at 159 St James Street
- Income Generation: Solid income-generating property
- Rental Market: Highly attractive to tenants
Property Management & AssociationFind out management and association details
Utilities & SystemsReview utilities and system installations
- Sewer: Sanitary sewer
Tax & Legal InformationGet tax and legal details applicable to 159 St James Street
- Tax Annual Amount: 8738.17
- Zoning Description: R2-2(7)
Additional FeaturesExplore extra features and benefits
- Sales Brochure: See Sales Brochure URL for more photos and floor plans with all room measurements
Room Dimensions
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Nearby Listings Stat
Active listings
4
Min Price
$949,000
Max Price
$1,499,000
Avg Price
$1,161,450
Days on Market
58 days
Sold listings
1
Min Sold Price
$2,475,000
Max Sold Price
$2,475,000
Avg Sold Price
$2,475,000
Days until Sold
107 days