303 WOLFE Street

Multi-family For Sale in London, Ontario

$1,479,000
  • 8 Beds
  • 4 Baths
  • 3,500 Sq. Ft.
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:4069)
Address 303 WOLFE Street
List Price $1,479,000
Property Type Multi-family
Type of Dwelling Triplex
Area Ontario
Sub-Area London
Bedrooms 8
Bathrooms 4
Floor Area 3,500 Sq. Ft.
MLS® Number 40057642
Listing Brokerage ROYAL LEPAGE TRILAND REALTY
Postal Code N6B2C4
Zoning R3-1(6)

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Deb Dorman

StreetCity Realty Inc., Brokerage

519 York Street London Ontario N6B 4R1

Mobile: 519-859-4874

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