ON > West Elgin (rodney) > Rodney
West Elgin (rodney), ON N0L2C0,222 FURNIVAL ROAD
West Elgin (rodney), ON N0L2C0,222 FURNIVAL ROAD
West Elgin (rodney), ON N0L2C0,222 FURNIVAL ROAD
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$849,900
Est. payment /mo
7 Beds
7 Baths
3,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $283

Subdivision Rodney

MLS® Listing ID X12130175

Bedrooms 7

Half Baths 1

Originating Board London and St. Thomas Association of REALTORS®

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

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by BLUE FOREST REALTY INC.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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