216 John Street N Arnprior, Ontario K7S 2N9
$649,900
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:50982)
Property Details
MLS® Number | 1413423 |
Property Type | Multi-family |
Neigbourhood | Arnprior |
Amenities Near By | Recreation Nearby, Shopping, Water Nearby |
Easement | Unknown |
Parking Space Total | 4 |
Building
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 |
Land
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 |
https://www.realtor.ca/real-estate/27459023/216-john-street-n-arnprior-arnprior