125 RICHARDSON Street Rockwood

125 RICHARDSON Street, Rockwood

$1,650,000

  • 7
  • 8
3,873 Square Feet
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:41353)
  • Listing ID: 40710263
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Park, Place of Worship, Schools, Shopping
  • Community Features: Quiet Area
  • Equipment: Water Heater
  • Features: Paved driveway
  • Ownership: Freehold
  • Parking Spaces: 7
  • Rental Equipment: Water Heater
  • Structure: Shed, Porch
  • Transaction: For sale
  • Zoning Description: R1

Building

  • BasementType: Partial (Partially finished)
  • Basement Development: Partially finished
  • Cooling: Central air conditioning
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 8
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 3873 sqft
  • Stories Total: 3
  • Utility Water: Municipal water

Land

  • Amenities: Park, Place of Worship, Schools, Shopping
  • Fence: Partially fenced
  • Sewer: Municipal sewage system
  • Size Depth: 66 ft
  • Size Frontage: 132 ft

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    This property for sale is located at 125 RICHARDSON Street in Rockwood. It was last modified on March 27th, 2025. Contact Maggie Horne to schedule a viewing or to discover other Rockwood properties for sale.

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