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303 Wolfe Street London, Ontario N6B 2C4

8 Bedroom 4 Bathroom 3500
Central Air Conditioning Forced Air

$1,479,000

Beautiful fully leased 2.5 storey large triplex in sought after Woodfield neighbourhood in downtown London. Just a one minute walk to Victoria park or Richmond row. Cant find a better location to make an investment! In the past two years this building has had over $135,000 done in upgrades. 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 side unit (#3), plus brand new washer/dryer in every unit. Each unit has a separate furnace, gas meter and hydro meter. Plenty of parking available in private drive and at rear. 5 of the 10 parking spaces are rented monthly to London Life employees. Property has two 3 bedroom units and one 2 bedroom units. Units 2 and 3 both have private decks/outdoor space. Low expenses, excellent net income. Great opportunity to add to your portfolio! There is also potential to add more units, or live there and let the other units help with the mortgage. (id:29555)

Property Details

MLS® Number 40057642
Property Type Multi-family
Amenities Near By Public Transit, Schools, Shopping
Equipment Type None
Rental Equipment Type None
Structure Porch

Building

Bathroom Total 4
Bedrooms Total 8
Basement Development Unfinished
Basement Type Partial (unfinished)
Construction Style Attachment Attached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3500
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 150 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3-1(6)

https://www.realtor.ca/real-estate/22730552/303-wolfe-street-london

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