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:49993)
MLS® Number | 1413423 |
Property Type | Multi-family |
Neigbourhood | Arnprior |
AmenitiesNearBy | Recreation Nearby, Shopping, Water Nearby |
Easement | Unknown |
ParkingSpaceTotal | 4 |
BasementDevelopment | Unfinished |
BasementFeatures | Low |
BasementType | Full (unfinished) |
ConstructedDate | 1924 |
ConstructionStyleAttachment | Attached |
CoolingType | None |
ExteriorFinish | Brick |
FlooringType | Mixed Flooring, Hardwood, Tile |
FoundationType | Stone |
HeatingFuel | Natural Gas |
HeatingType | Other |
StoriesTotal | 2 |
Type | Fourplex |
UtilityWater | Municipal Water |
Open |
Acreage | No |
LandAmenities | Recreation Nearby, Shopping, Water Nearby |
Sewer | Municipal Sewage System |
SizeDepth | 109 Ft ,10 In |
SizeFrontage | 74 Ft ,10 In |
SizeIrregular | 74.8 Ft X 109.85 Ft |
SizeTotalText | 74.8 Ft X 109.85 Ft |
ZoningDescription | Residential |
https://www.realtor.ca/real-estate/27459023/216-john-street-n-arnprior-arnprior
(613) 590-9393
(613) 590-1313
(613) 271-2800
(613) 271-2801
(613) 271-2800
(613) 271-2801
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613-769-1516
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613-795-6801
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