216 JOHN ST N Pending

Arnprior,ON K7S 2N9

$ 649900

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID X9520623

Style Unknown

Annual Tax Amount $3,997

Tax Year 2023

Property Description

Flooring: Tile, 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., Flooring: Hardwood, Flooring: Mixed

Location

State ON

County Renfrew

Area 550 - Arnprior

Rooms

Family Room No

Basement Full,Unfinished

Interior

Interior Features Unknown

Cooling None

Heat Source Gas

Exterior

Garage Unknown

Pool None

Roof Type Metal

Parking Type Public

Total Parking Spaces 4

Building

Story 2

Unit Features Park

Foundation Stone

Others

Security Features Unknown

Pets Description Unknown

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