ON > London > East B
London, ON N6A1W6,125 ST JAMES STREET
London, ON N6A1W6,125 ST JAMES STREET
London, ON N6A1W6,125 ST JAMES STREET
London, ON N6A1W6,125 ST JAMES STREET
London, ON N6A1W6,125 ST JAMES STREET
London, ON N6A1W6,125 ST JAMES STREET
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Chris Lafratta

Chris Lafratta

+1(587) 839-0430
$ 825,000
Est. payment | /mo

5 Beds

2 Baths

1,999 SqFt

Save
$ 825,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,999 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,999 sqft

Price per Sqft $412

Subdivision East B

MLS® Listing ID X12042663

Bedrooms 5

Originating Board London and St. Thomas Association of REALTORS®

Property Description

Introducing an exceptional investment opportunity with this legally licensed, two-story solid brick duplex, perfectly situated in a AAA location just steps from Gibbons Park, scenic walking trails, St. Josephs Hospital, the University of Western Ontario, and Richmond Row. This property features a well-maintained main floor unit with two bedrooms and a spacious upper unit with three bedrooms, both above grade and equipped with their own basements, complete with laundry facilities. Each unit boasts its own furnace, air conditioning, and water heater, ensuring comfort and independence for tenants. The large double-wide driveway can accommodate up to six vehicles, enhancing convenience. Recent updates have kept both units in excellent condition. The current rental income includes Unit 1 (upper) at $2,202 per month (plus gas and electricity, month-to-month), and Unit 2 (main) at $2,095 per month (plus gas and electricity, under a one-year lease that started in February). This property has separate gas and hydro meters for each unit allowing for utilities to be charged back to the tenant. The addition of a durable metal roof enhances the property's longevity. Don't miss out on this fantastic opportunity. This duplex represents a sound investment venture for both seasoned and new property investors alike. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 3.55 m X 4.95 m Utility room

Extra Room 2 Basement 3.27 m X 4.85 m Laundry room

Extra Room 3 Basement 6.08 m X 5.11 m Laundry room

Extra Room 4 Main level 3.87 m X 5.11 m Bedroom

Extra Room 5 Main level 2.4 m X 3.67 m Bedroom

Extra Room 6 Main level 4.52 m X 3.95 m Kitchen

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by MAVERICK REAL ESTATE INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(587) 839-0430

chrislafrattare@gmail.com

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125 ST JAMES STREET