172 Jane Street Rodney, Ontario N0L 2C0
$1,050,000
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:19173)
Property Details
| MLS® Number | 40353682 |
| Property Type | Multi-family |
| Amenities Near By | Marina, Park, Place Of Worship, Playground, Schools, Shopping |
| Communication Type | Fiber |
| Community Features | Quiet Area, Community Centre, School Bus |
| Equipment Type | None |
| Features | Park/reserve, Paved Driveway, Shared Driveway, Country Residential |
| Rental Equipment Type | None |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 12 |
| Appliances | Water Meter |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1992 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | None |
| Fixture | Ceiling Fans |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Size Interior | 2014 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Nearby |
| Acreage | No |
| Land Amenities | Marina, Park, Place Of Worship, Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 150 Ft |
| Size Frontage | 82 Ft |
| Size Irregular | 0.264 |
| Size Total | 0.264 Ac|under 1/2 Acre |
| Size Total Text | 0.264 Ac|under 1/2 Acre |
| Zoning Description | R-3 |
https://www.realtor.ca/real-estate/25103143/172-jane-street-rodney
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November 29 2022 04:42:46
London and St. Thomas Association of REALTORS®
Prime Real Estate Brokerage