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$825,000
125 ST JAMES STREET
London, Ontario, Ontario, N6A1W6
MLS® Number: X12042663
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.
Building information
Type
*****
Amenities
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Appliances
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Basement Development
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Basement Features
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Basement Type
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Cooling Type
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Exterior Finish
*****
Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
*****
Stories Total
*****
Utility Water
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Land information
Sewer
*****
Size Depth
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Size Frontage
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Size Irregular
*****
Size Total
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Rooms
Upper Level
Bedroom
*****
Bedroom
*****
Bedroom
*****
Kitchen
*****
Family room
*****
Main level
Living room
*****
Kitchen
*****
Bedroom
*****
Bedroom
*****
Basement
Laundry room
*****
Laundry room
*****
Utility room
*****
Upper Level
Bedroom
*****
Bedroom
*****
Bedroom
*****
Kitchen
*****
Family room
*****
Main level
Living room
*****
Kitchen
*****
Bedroom
*****
Bedroom
*****
Basement
Laundry room
*****
Laundry room
*****
Utility room
*****
Upper Level
Bedroom
*****
Bedroom
*****
Bedroom
*****
Kitchen
*****
Family room
*****
Main level
Living room
*****
Kitchen
*****
Bedroom
*****
Bedroom
*****
Basement
Laundry room
*****
Laundry room
*****
Utility room
*****
Upper Level
Bedroom
*****
Bedroom
*****
Bedroom
*****
Kitchen
*****
Family room
*****
Main level
Living room
*****
Kitchen
*****
Bedroom
*****
Bedroom
*****
Basement
Laundry room
*****
Laundry room
*****
Utility room
*****
Upper Level
Bedroom
*****
Bedroom
*****
Courtesy of MAVERICK REAL ESTATE INC.
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