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303 Wolfe Street London, Ontario N6B 2C4

8 4 8
8 Bedroom 4 Bathroom
Cooling: Central Air Conditioning Heating: Forced Air, Natural Gas

$1,499,900

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:48040)

Property Details

MLS® Number 40473080
Property Type Multi-family
Amenities Near By Park, Playground, Public Transit, Schools, Shopping
Features Paved Driveway, Crushed Stone Driveway
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Total 8
Appliances Central Vacuum
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3600
Type Triplex
Utility Water Municipal Water

Parking

Visitor Parking

Land

Acreage No
Land Amenities Park, Playground, 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/25977687/303-wolfe-street-london

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August 24 2023 12:12:32

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