303 Wolfe Street,
London ON, N6B 2C4
Description
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.
Details
| MLS# | 40057642 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 41 |
Features
| SQ Feet | 3,500 |
|---|---|
| Units | 3 |
| Building(s) | 1 |
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Learn More About This Property
| Area Information | |
|---|---|
| Province | ON |
| County | Middlesex |
| City | London |
| Postal Code | N6B 2C4 |
| Area | East |
| Listing VS Median (in N6B 2C4) | |
Price: $1,479,000 low | high Med: $1,479,000 SqFt: 3,500 low | high Med: 3,500 $ / SqFt: $423 low | high Med: $423 On Site: 41 low | high Med: 41 | |
MLS Number: 40057642Listing Provided By:
BRENT RAEMISCH of ROYAL LEPAGE TRILAND REALTY