222 Furnival Road, West Elgin (Rodney), Ontario

$850,000

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7

Beds

7

Baths

About 222 Furnival Road

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:6289)

More Info on this Rodney Other MLS® listing

222 Furnival Road is an other listing for sale in West Elgin (Rodney). The MLS® number is X13642802. It features 7 bedrooms, 7 bathrooms. It's currently listed for $850,000. For more details on MLS® X13642802, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in Rodney is available now!

Selling your Rodney Other property?

Have a similar home to 222 Furnival Road? If you’re thinking about selling your Rodney other property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your West Elgin (Rodney) property.

Features of 222 Furnival Road

Listing # X13642802
Price $850,000
Bedrooms 7
Bathrooms 7.00
Half Baths 2
Type Multi-family
Sub-Type Other

Community Information

Address 222 Furnival Road
Area Rodney
Subdivision Rodney
City West Elgin (Rodney)
Province Ontario
Postal Code N0L2C0

Amenities

Amenities Separate Electricity Meters
Parking Spaces 1
Parking Attached Garage, Garage
Garages Attached Garage, Garage
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling None
Fireplace No
# of Stories 2
Has Basement No
Basement Unfinished, N/A

Exterior

Exterior Brick
Lot Description 38.3 x 122 FT
Foundation Brick

Additional Information

Zoning C1

Listing Details

OfficeRE/MAX ADVANTAGE REALTY LTD.

Listing Map

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