7 Bedroom
8 Bathroom
3873 sqft
Central Air Conditioning
Forced Air
$1,650,000
Seize a rare investment opportunity with this fully renovated, income-generating property, nestled in the heart of Rockwood. Offering versatile potential for multi-family living or long-term rentals, this property is designed to retain a steady income stream. The interior of the home boasts a unique design with 7 spacious, 1 bedroom suites, each with their own ensuite- 4 wheelchair accessible suites on the main level, 2 suites on the second level, and 1 suite on the third level. All units offer ample closet space and large windows, and share access to a spacious eat-in kitchen with two double sinks, two dishwashers, an industrial sized fridge/freezer combo, and an oven. Additional shared spaces include a convenient laundry room and a cozy den. The finished basement is equally adaptable, featuring a recreation room with a wet bar, a 4 piece bathroom, and an unfinished space that is ideal for additional storage. Situated in a prime location near the Rockwood Conservation Area, enjoy a serene, picturesque setting while being within easy reach of outdoor activities and amenities. Plus, a bus route to Guelph adds to the property’s appeal. 2 driveways offer ample parking, while an accessible ramp to the main level ensures convenience for all tenants. This is a turnkey investment as all suites are currently rented to long-term tenants, providing a profitable rental base. (id:49454)
Property Details
MLS® Number
|
40710263 |
Property Type
|
Multi-family |
AmenitiesNearBy
|
Park, Place Of Worship, Schools, Shopping |
CommunityFeatures
|
Quiet Area |
EquipmentType
|
Water Heater |
Features
|
Paved Driveway |
ParkingSpaceTotal
|
7 |
RentalEquipmentType
|
Water Heater |
Structure
|
Shed, Porch |
Building
BathroomTotal
|
8 |
BedroomsTotal
|
7 |
BasementDevelopment
|
Partially Finished |
BasementType
|
Partial (partially Finished) |
CoolingType
|
Central Air Conditioning |
ExteriorFinish
|
Brick, Vinyl Siding |
FoundationType
|
Poured Concrete |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
StoriesTotal
|
3 |
SizeInterior
|
3873 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
FenceType
|
Partially Fenced |
LandAmenities
|
Park, Place Of Worship, Schools, Shopping |
Sewer
|
Municipal Sewage System |
SizeDepth
|
66 Ft |
SizeFrontage
|
132 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
R1 |
https://www.realtor.ca/real-estate/28079478/125-richardson-street-rockwood