125 Richardson Street Rockwood, Ontario N0B 2K0

7 Bedroom 8 Bathroom 3,873 ft2
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:61594)

Property Details

MLS® Number 40710263
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Schools, Shopping
Community Features Quiet Area
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 7
Rental Equipment Type Water Heater
Structure Shed, Porch

Building

Bathroom Total 8
Bedrooms Total 7
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3,873 Ft2
Utility Water Municipal Water

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Park, Place Of Worship, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 66 Ft
Size Frontage 132 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1

https://www.realtor.ca/real-estate/28079478/125-richardson-street-rockwood

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