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222 Furnival Road West Elgin (Rodney), ON

$849,900
|
7 Beds
|
  6 Full / 1 Half
|

PROPERTY INFO

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:4555)

PROPERTY SPECS

Listing ID X12130175
Address 222 FURNIVAL ROAD
City West Elgin (Rodney), ON
Price $849,900
Bed / Bath 7 / 6 Full, 1 Half
Construction Brick
Land Size 38.3 x 122 FT
Type Other
Status For sale

EXTENDED FEATURES

Basement N/ABasement Development UnfinishedParking 1Equipment NoneRental Equipment NoneBuilding Amenities Separate Electricity MetersFoundation BrickHeating OtherUtility Water Municipal water Date Listed 2025-05-07 16:02:29Days on Market 12Parking 1
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226.881.0754
robvan68@outlook.com

REQUEST MORE INFORMATION

LISTING OFFICE:
Blue Forest Realty Inc., Mike Howard
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