Space
Finished area and layout
- Square Feet
- 2,500-3,000 sqft
- Bedrooms
- 6
- Bathrooms
- 3
+28 more
6
Bedrooms
3
Bathrooms
2,500-3,000 sqft
Square Feet
66 x 120.9 ft
Lot
4
Parking
Property Snapshot
Key details for this listing
MLS #X12664774
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 6-bedroom, 3-bathroom multi-family in West Elgin offers 2,500-3,000 sqft of square feet on a 66 x 120.9 ft lot. 2 storeys. The property has lot dimensions of 66 x 120.9 FT ; IRREGULAR. The home features forced air, natural gas heating, none, a unfinished, full basement. Highlights include a 4-car garage.
MLS Remarks
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 primed 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:60351)
Inclusions
3 WASHERS, 3 DRYERS, 3 STOVES, 3 FRIDGES, 2 FREEZERS, 2 DISHWASHERS, 2 HOT WATER TANKS,2 AC
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