REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 850,000
Est. payment /mo
New
222 FURNIVAL ROAD West Elgin (rodney), ON N0L2C0
7 Beds
7 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000 - 3500
Square Footage 3,000 sqft
Price per Sqft $283
Subdivision Rodney
MLS® Listing ID X13642802
Bedrooms 7
Half Baths 2
Property Description
This well-maintained building in the heart of Rodney presents an excellent investment opportunity. With a Net Operating Income of $61,368 annually, the property consists of 5 residential units and 1 commercial unit. The commercial space, currently leased to a popular local restaurant serves as a strong anchor for the building's overall value. The property spans approximately 3,500 square feet on the main level, including rear garage space, offering a flexible layout for both residential and commercial tenants. Four out of the five residential units are currently tenanted, providing steady rental income. Additional features include separate hydro meters, gas heating and cooling systems, along with an updated boiler system (2022). This property combines strong income potential with a prime location in a thriving community, making it an ideal addition to any investment portfolio. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 1
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX ADVANTAGE REALTY LTD.
GET MORE INFORMATION
Follow Us