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$ 649,900
Est. payment /mo
Pending
216 JOHN ST N Arnprior, ON K7S 2N9
UPDATED:
10/30/2024 03:20 PM
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
Listed by PAUL RUSHFORTH REAL ESTATE INC.