$649,900
FOR SALE

Fourplex

Lot: 74.83 x 109.83 ft

216 John Street N
Arnprior, ON K7S 2N9

ATTENTION INVESTORS. OPPORTUNITY KNOCKS!! LEGAL FOURPLEX. This fantastic FOURPLEX in the prime location of BOOMING downtown Arnprior is a tremendous TURNKEY INVESTMENT with impressive financials yielding a 5.2+ CAP RATE. EXCEPTIONAL VALUE. Safely tucked away just steps from all amenities. Well maintained w/ plenty of updates make this beauty a diamond in the rough for multi-unit properties. A purpose built full brick FOURPLEX w/ 4 large 1 bedroom units. 3 Units have recently been fully renovated to modern standards and can bring in market rents of $1400+ or leverage your mortgage by living in one unit, rent the others OR perfect for MULTIGENERATION/FAMILY living. Prime location for easy renting w/ units in high demand for quality tenants. 1 Parking spot per unit. FANTASTIC TENANTS IN PLACE: Current rents #1- $728.04, #2- $1400, #3-$869.30, #4- $1300. Projected rents are $1400+ per unit. Low maintenance building. Metal Roof (fascia/gutters) 2022. Boiler 2022. Min 24hrs for showings. (id:47421)
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Listed By PAUL RUSHFORTH REAL ESTATE INC.
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1413423
Last Updated Sep 24, 2024
Property Summary
Property Type Fourplex

More like this:
Neighbourhood Arnprior
Price History

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Detailed Information
Lot 74.83 x 109.83 ft
Amenities Nearby Recreation Nearby, Shopping, Water Nearby
Property Easement Unknown
Lease Type Gross
Listing Contract Date 2024-09-24
Municipal ID 573130104
# of Parking Spaces 4
Property Type Multi-family
Transaction Type For sale
Zoning Description Residential
Building
Basement Development Unfinished
Basement Features Low
Basement Type Full (Unfinished)
Constructed Date 1924
Construction Style (Attachment) Attached
Cooling Type None
Exterior Finish Brick
Flooring Type Mixed Flooring, Hardwood, Tile
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Other
Stories Total 2
Type Fourplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Open
Land
Total Size 74.8 ft X 109.85 ft
Amenities Recreation Nearby, Shopping, Water Nearby
Sewer Municipal sewage system
Size of Irregular Land 74.8 ft X 109.85 ft
External Links

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