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Kevin Scharfenberg

tnrdhomes@gmail.com +1(250) 457-1795

$1,198,000

Est. payment - /mo

7 Beds

6 Baths

2,499 SqFt

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Sun Nov 24, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,499 sqft

Price per Sqft $479

Subdivision East B

MLS® Listing ID X10432559

Bedrooms 7

Originating Board London and St. Thomas Association of REALTORS®

Property 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! **** EXTRAS **** Please see Sales Brochure URL for more photos and floor plans with all room measurements. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 2.69 m X 2.56 m Kitchen

Extra Room 2 Second level 3.57 m X 4.22 m Eating area

Extra Room 3 Second level 3.86 m X 2.54 m Bedroom

Extra Room 4 Third level 1.96 m X 3.21 m Laundry room

Extra Room 5 Third level 3.61 m X 3.74 m Bedroom

Extra Room 6 Third level 3.61 m X 2.8 m Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Garage Yes

Waterfront No

View Y/N No

Total Parking Spaces 9

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by CENTURY 21 FIRST CANADIAN CORP

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Kevin Scharfenberg

+1(250) 457-1795

Personal Real Estate Corporation | License ID: 180491

Personal Real Estate Corporation License ID: 180491

159 ST JAMES STREET London, ON N6A1W6

Kevin Scharfenberg

Kevin Scharfenberg

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

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159 ST JAMES STREET