303 Wolfe Street London, Ontario N6B 2C4
$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:29438)
Property Details
| MLS® Number | 40057642 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools, Shopping |
| Equipment Type | None |
| Features | Double Width Or More Driveway |
| 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
Interested in this property?
Claudio Baiocchi, REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
London and St. Thomas Association of REALTORS®
Royal LePage Triland Realty
January 27 2021 03:49:05
