216 JOHN Street North, Arnprior, Ontario K7S2N9

Listing courtesy of PAUL RUSHFORTH REAL ESTATE INC..

$699,900
List Price
$699,900
MLS®
1401016
Days on Market
18
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
74.8 ft X 109.85 ft
Subdivision
Arnprior

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 MULTI-GENERATION/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:5764)

Additional Information

Subdivision
Arnprior
Parking Spaces
4
Cooling
None
Country
Canada
Flooring
Tile, Hardwood, Mixed Flooring
Sewer
Municipal sewage system
Heating
Natural gas, Other
Total Number Of Units
4
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks