216 JOHN ST N Pending

Arnprior,ON K7S 2N9

$ 649900

- Bed

- Bath

- SqFt


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

Zoning Residential

Rooms

Family Room No

Basement Full,Unfinished

Interior

Interior Features Unknown

Cooling None

Exterior

Garage Unknown

Garage Spaces 4.0

Pool None

Roof Type Metal

Total Parking Spaces 4

Building

Foundation Stone

Others

Security Features Unknown

Pets Description Unknown

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