Residential Income
$ 999,999.00
- MLS #: 40353660
- Post Updated: 2022-12-01 19:29:27
- Bedrooms: 12
- Bathrooms: 4
- Area: 2014 sq ft
- Lot size: 11499.84 sq ft
- LotSizeAcres: 0.264
- LotSizeDimensions: 150 x 81.99
- BuildingAreaTotal: 4028
- Year built: 1992
- Status: Active
- Type: Multi-4 Unit
Description
This completely turnkey VACANT purpose built fourplex is set up for massive
cashflow, even in the current interest rate environment. Each of the four units
are huge at over 1000sq ft and feature 3 beds and 1 bath. Some other features
that will be attractive to both owners and tenants alike are; brand new windows,
separate entrances, separately metered hydro and water, brand new dishwashers and
in-suite laundry, with brand new washer and dryers. Each unit also contains a
panel with 100AMP service and an owned water heater with a shut off valve in each
unit.
Projected rents for the units are in the $1700-$1750/mo range (plus utilities, and
with very low expenses, this is a great buy and hold investment for a savvy
investor looking for cashflow.
Please note that the neighbouring fourplex at 172 Jane St is also available for
sale. The properties are virtually identical, and the current owners would prefer
to see both buildings sold together. The titles have not merged so selling
individually is an option.
Reach out to the listing agent for full projected cashflow statements.
View on map / Neighborhood
Location & Schools
- MLSAreaMajor: West Elgin
- MLSAreaMinor: Rodney
- CountyOrParish: Elgin
- Directions: From HWY 401, go South on Furnival Road, go through town and turn right on King Street.
- Zoning: R-3
Property Details
- ParcelNumber: 351050350
- AboveGradeFinishedArea: 2014
- BelowGradeFinishedArea: 2014
- StoriesTotal: 1
- ConstructionMaterials: Brick, Vinyl Siding
- OtherStructures: None
- AcresRange: < 0.5
Courtesy of
- ListOfficeName: PRIME REAL ESTATE BROKERAGE
174 Jane Street Rodney ON N0L 2C0. MLS 40353660. This Multi-4 Unit style property is located in Rodney is currently Residential Income. This property is listed at $ 999,999.00. It has 12 beds bedrooms, 4 baths bathrooms. The property was built in 1992 year.
Contact us for more information on 174 Jane Street Rodney ON N0L 2C0
