Gowthami Soosaithas

Gowthami Soosaithas

Sales Representative

Property Details

172 JANE Street, Rodney, Ontario, N0L2C0

172 JANE Street, Rodney, Ontario, N0L2C0 (ID 40353682)
Representative
Gowthami Soosaithas portrait
Gowthami Soosaithas
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: 226-977-8283
Tel: 519- 667-1800

$1,050,000 - For sale

ID#:40353682

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 174 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. (id:2471)

Location DescriptionFrom HWY 401, go South on Furnival Road, go through town and turn right on King Street.

Property Details
  • Property Address:172 JANE Street, Rodney, Ontario, N0L2C0
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:0.264
  • Acreage:0.264 ac|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Highway Nearby
Structure Details for 172 JANE Street, Rodney, Ontario, N0L2C0
  • Structure Style:Fourplex
  • Building Age:1992
  • Bedrooms:12
  • Bathrooms:4
  • Floor Space:2014
  • Heating Type:Electric, Baseboard heaters
  • Style:Detached
  • Storeys:1
  • Basement Type:Full (Finished)
  • Foundation Type:Poured Concrete
  • Cooling Type:None
  • Appliances Included:Water meter
  • Rental Equipment:None
  • Exterior Type:Brick, Vinyl siding
Amenities for 172 JANE Street, Rodney, Ontario, N0L2C0 Park/reserve, Paved driveway, Shared Driveway, Country residential, Quiet Area, Community Centre, School Bus
  • Amenities Nearby:Marina, Park, Place of Worship, Playground, Schools, Shopping
Representative
Gowthami Soosaithas portrait
Gowthami Soosaithas
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: 226-977-8283
Tel: 519- 667-1800
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172 JANE Street, Rodney, Ontario, N0L2C0

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