303 WOLFE Street, London, Ontario, N6B2C4
Bathrooms4 Bedrooms8
Property TypeMulti-family Building Area3600

Beautiful renovated 2.5 storey large triplex in sought after Woodfield estates neighbourhood close to downtown London and Western University. Only a one minute walk to Victoria park or Richmond row shops. Can’t find a better location to make an investment! In the past two years this building has had over $150,000 in upgrades. Unit #2 has been fully renovated, All of the wiring has been upgraded with ESA inspections; new eves and fascia; steel roof (2017); new exterior doors; new stamped concrete patio; 3 hot water tanks (owned); new large bathroom in front unit (#1), all new appliances in units 2&3 plus brand new washer/dryer in every unit. Each unit has a separate gas furnace, central A/C, gas meter and hydro meter. Plenty of parking available in private drive and at rear. Before COVID 5 of the 9 parking spaces where rented monthly to London Life employees at $100/month. Those employees will be returning to the office soon. Property has two 3 bedroom units and one 2 bedroom unit. All Units have decks/outdoor space. Large 2 storey unit is rented $2500/month and the 2 bedroom rented $1800/month. The other 3 bedroom unit has just been fully renovated and is rented for $2400/month. Allen Tenants pay gas and hydro. Low expenses, excellent net income. Great opportunity to add to your portfolio (id:15069)


Details
Amenities NearbyPark, Playground, Public Transit, Schools, Shopping FeaturesPaved driveway, Crushed stone driveway
OwnershipFreehold Parking Spaces8
TransactionFor sale Zoning DescriptionR3-1(6)
Building
AppliancesCentral Vacuum Basement DevelopmentUnfinished
BasementPartial (Unfinished) CoolingCentral air conditioning
Exterior FinishBrick, Vinyl siding Bathrooms (Total)4
Heating FuelNatural gas HeatingForced air
Size Interior3600.0000 Storeys Total2.5
TypeTriplex Utility WaterMunicipal water
Land
Size Frontage40 ft AmenitiesPark, Playground, Public Transit, Schools, Shopping
SewerMunicipal sewage system Size Depth150 ft

Listing Office: ROYAL LEPAGE TRILAND REALTY

Data Provided by London and St. Thomas Association of REALTORS®

Last Modified :23/08/2023 07:12:32 PM

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