216 John Street N Arnprior, Ontario K7S 2N9

None Other


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:50982)

Property Details

MLS® Number 1401016
Property Type Multi-family
Neigbourhood Arnprior
Amenities Near By Recreation Nearby, Shopping, Water Nearby
Easement Unknown
Parking Space Total 4


Basement Development Unfinished
Basement Features Low
Basement Type Full (unfinished)
Constructed Date 1924
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Fireplace Present No
Flooring Type Mixed Flooring, Hardwood, Tile
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Other
Stories Total 2
Type Fourplex
Utility Water Municipal Water


Acreage No
Land Amenities Recreation Nearby, Shopping, Water Nearby
Sewer Municipal Sewage System
Size Depth 109 Ft ,10 In
Size Frontage 74 Ft ,10 In
Size Irregular 74.8 Ft X 109.85 Ft
Size Total Text 74.8 Ft X 109.85 Ft
Zoning Description Residential


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