Arnprior, ON K7S2N9,216 JOHN STREET N
Arnprior, ON K7S2N9,216 JOHN STREET N
Arnprior, ON K7S2N9,216 JOHN STREET N
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$649,900
Est. payment /mo
Active

216 JOHN STREET N Arnprior, ON K7S2N9

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Arnprior

MLS® Listing ID 1413423

Originating Board Ottawa Real Estate Board

Year Built 1924

Property Description

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:24570)

Location

Province ON

Interior

Heating Other

Cooling None

Flooring Mixed Flooring, Hardwood, Tile

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Municipal sewage system


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Listed by PAUL RUSHFORTH REAL ESTATE INC.

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Terry Langdon

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216 JOHN STREET N