$699,000 Sale

Listed 280 days ago

194 FURNIVAL ROAD

MLS® x12664774 Multi Family

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Beds · 6

Baths · 3.0

Parking · 4

Sqft · 2500 - 3000

Est. mortgage

$2,652/mo

Key Facts

Key facts for 194 FURNIVAL ROAD

Property Type

Apartment

Parking

Garage: No, 4 parking

MLS #

X12664774

Size

2500 - 3000 sqft

Basement

Unfinished, Full (Unfinished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Solid TRIPLEX with STRONG CASHFLOW POTENTIAL & value-add, development WITH severance potential on over 2.5 acres within minutes to Highway 401 and approximately 30 minutes to London! VACANT ON POSSESSION. 194 Furnival Road is a high-potential investment featuring M1 Commercial Zoning and a layout pr...imed for maximum ROI. Two of the three existing units are turnkey and ready for immediate occupancy, while the third unit offers a significant lift and value-add opportunity for a forced appreciation strategy. For those looking to maximize the property's density, the high-ceiling basement with a separate entrance is a game-changer, offering the potential to be finished into two additional units to create a 5-unit cash-flow powerhouse. The expansive 2.5-acre lot provides even more upside through potential severance or commercial development right in the heart of Rodney. This property is a dream for investors seeking a strategic project, or end-users looking for a substantial mortgage helper with massive future equity growth. Ideally located within walking distance to local shops and just 10 minutes from the New Glasgow Yacht Club and the beaches of Port Glasgow, this versatile estate allows you to set your own market rents and start building equity on day one. (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

3.0

Square Footage

2500 - 3000 sqft

Basement

Unfinished, Full (Unfinished)

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

3.0

Square Footage

2500 - 3000 sqft

Basement

Unfinished, Full (Unfinished)

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

66 x 120.9 FT ; IRREGULAR|2 - 4.99 acres

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Schools, Beach

Acreage

66 x 120.9 FT ; IRREGULAR|2 - 4.99 acres

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Schools, Beach

Building Description

Home Type

Apartment

Subtype

Multi Family

Exterior

Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Exterior

Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Rodney

Area Code

West Elgin (Rodney)

Features

Community Centre

Community

Rodney

Area Code

West Elgin (Rodney)

Features

Community Centre

Other

Virtual Tour Link

https://youtu.be/Cx4lK0aCKM0

Virtual Tour Link

https://youtu.be/Cx4lK0aCKM0

Room Types

Bathroom

Dimensions 1 m x 1 m

10.76 sqft

Bathroom

Dimensions 2.23 m x 2.67 m

64.09 sqft

Bedroom

Dimensions 3.18 m x 3.57 m

122.2 sqft

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