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216 JOHN STREET N
Arnprior, Ontario K7S2N9

$699,900

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:25961)

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Courtesy of PAUL RUSHFORTH REAL ESTATE INC.
Listed on: July 05, 2024

On market: 64 days
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Not intended to solicit currently listed properties or buyers under contract. The above information is from sources believed reliable, however, no responsibility is assumed for the accuracy of this information. Royal LePage Team Realty, Independently Owned & Operated Brokerage. All rights reserved. Ottawa Real Estate


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NOTICE: All Royal LePage Team Realty offices are open to our clients. We have new procedures and policies to ensure our clients and communities are safe. Please contact us or your Royal LePage Team Realty sales representative to plan your visit.

Contact one of our branches, we're here to help!

Not intended to solicit currently listed properties or buyers under contract. The above information is from sources believed reliable, however, no responsibility is assumed for the accuracy of this information. Royal LePage Team Realty, Independently Owned & Operated Brokerage. All rights reserved.


The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.