Beautiful renovated 2.5 storey large triplex in sought after Woodfield estates neighbourhood. Excellent opportunity to live in the big 2 story front unit which was the the original home when it was built and rent the other 2 units out to pay the mortgage!!! This home is 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:11882)
Property Details
MLS® Number
40473101
Property Type
Single Family
Amenities Near By
Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Equipment Type
None
Features
Paved Driveway, Crushed Stone Driveway
Parking Space Total
8
Rental Equipment Type
None
Building
Bathroom Total
5
Bedrooms Above Ground
7
Bedrooms Total
7
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Development
Unfinished
Basement Type
Partial (unfinished)
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Brick
Half Bath Total
1
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
3
Size Interior
3600
Type
House
Utility Water
Municipal Water
Parking
Visitor Parking
Land
Acreage
No
Land Amenities
Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Beautiful renovated 2.5 storey large triplex in sought after Woodfield estates neighbourhood. Excellent opportunity to live in the big 2 story front unit which was the the original home when it was built and rent the other 2 units out to pay the mortgage!!! This home is 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:11882)
Property Details
MLS® Number
40473101
Property Type
Single Family
Amenities Near By
Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Equipment Type
None
Features
Paved Driveway, Crushed Stone Driveway
Parking Space Total
8
Rental Equipment Type
None
Building
Bathroom Total
5
Bedrooms Above Ground
7
Bedrooms Total
7
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Development
Unfinished
Basement Type
Partial (unfinished)
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Brick
Half Bath Total
1
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
3
Size Interior
3600
Type
House
Utility Water
Municipal Water
Parking
Visitor Parking
Land
Acreage
No
Land Amenities
Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Remax is well known in our area and trusted to create buying and selling experiences that are simply better than other realtors. Over the last 10+ years we’ve established ourselves as the realty office worthy of your trust. As we continue to be the obvious choice with real estate in Barrie, we will continue to make every client we work with feel good about their buying and selling experiences with us.
