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 at $2,148 per month (plus water and electricity, month-to-month), and Unit 2 at $2,095 per month (plus water 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:53015)
MLS® Number | X12042663 |
Property Type | Multi-family |
Community Name | East B |
Equipment Type | Water Heater - Tankless, Water Heater |
Features | Sump Pump |
Parking Space Total | 6 |
Rental Equipment Type | Water Heater - Tankless, Water Heater |
Bathroom Total | 2 |
Bedrooms Above Ground | 5 |
Bedrooms Total | 5 |
Amenities | Separate Electricity Meters, Separate Heating Controls |
Appliances | Water Heater - Tankless, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
Basement Development | Unfinished |
Basement Features | Separate Entrance |
Basement Type | N/a (unfinished) |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Foundation Type | Unknown |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Type | Duplex |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 126 Ft ,9 In |
Size Frontage | 38 Ft ,3 In |
Size Irregular | 38.25 X 126.75 Ft |
Size Total Text | 38.25 X 126.75 Ft |
Zoning Description | R3-2 |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Basement | Utility Room | 3.55 m | 4.95 m | 3.55 m x 4.95 m |
Basement | Laundry Room | 3.27 m | 4.85 m | 3.27 m x 4.85 m |
Basement | Laundry Room | 6.08 m | 5.11 m | 6.08 m x 5.11 m |
Main Level | Bedroom | 3.87 m | 5.11 m | 3.87 m x 5.11 m |
Main Level | Bedroom | 2.4 m | 3.67 m | 2.4 m x 3.67 m |
Main Level | Kitchen | 4.52 m | 3.95 m | 4.52 m x 3.95 m |
Main Level | Living Room | 4.25 m | 4.11 m | 4.25 m x 4.11 m |
Upper Level | Family Room | 6.08 m | 5.11 m | 6.08 m x 5.11 m |
Upper Level | Kitchen | 2.75 m | 2.77 m | 2.75 m x 2.77 m |
Upper Level | Bedroom | 3.25 m | 3.52 m | 3.25 m x 3.52 m |
Upper Level | Bedroom | 2.5 m | 3.32 m | 2.5 m x 3.32 m |
Upper Level | Bedroom | 3.19 m | 3.57 m | 3.19 m x 3.57 m |
https://www.realtor.ca/real-estate/28076329/125-st-james-street-london-east-b
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