222 FURNIVAL ROAD, West Elgin, Ontario

$849,900

7 Beds
7 Baths

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:56241)

Listing ID: X12130175
Property Type: Multi-family

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Details

Equipment: None
Parking Spaces: 1
Rental Equipment: None
Transaction: For sale

Building

Amenities: Separate Electricity Meters
BasementType: N/A (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 7
Exterior Finish: Brick
Fireplace Present: False
Foundation: Brick
Bathrooms (Half): 2
Bathrooms (Total): 7
Heating: Other
Size Interior: 3000 - 3500 sqft
Stories Total: 2
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 38 ft ,3 in
Size Irregular: 38.3 x 122 FT

Listing provided by BLUE FOREST REALTY INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 222 FURNIVAL ROAD in West Elgin Ontario. It was last modified on May 7th, 2025. Contact us to schedule a viewing or to discover other West Elgin real estate for sale.

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