303 WOLFE Street, London, Ontario, N6B2C4
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 $2300/month and the 2 bedroom rented $1800/month. The other 3 bedroom unit has just been fully renovated and could easily rent $2400/month. Low expenses, excellent net income. Great opportunity to add to your portfolio! (id:2471)
- Property Address: 303 WOLFE Street, London, Ontario, N6B2C4
- Property Type: Multi-family
- Zoning Description: R3-1 (6)
- Title: Freehold
- Acreage: under 1/2 acre
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Amenities Nearby: Public Transit, Shopping
- Structure Style: Triplex
- Style: Attached
- Storeys: 2.5
- Floor Space: 3500
- Bedrooms: 8
- Bathrooms: 3-Total
- Basement Type: Partial (Unfinished)
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Brick
- Paved driveway
- Crushed stone driveway
Listing Office: ROYAL LEPAGE TRILAND REALTY
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