| Property TypeMulti-family | Built in1924 |
|
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:16400) Please visit : Multimedia link for more photos and information |
| Amenities NearbyRecreation Nearby, Shopping, Water Nearby | EasementUnknown |
| LeaseGross | Parking Spaces4 |
| TransactionFor sale | Zoning DescriptionResidential |
| Basement DevelopmentUnfinished | Basement FeaturesLow |
| BasementFull (Unfinished) | Constructed Date1924 |
| Construction Style AttachmentAttached | CoolingNone |
| Exterior FinishBrick | FlooringMixed Flooring, Hardwood, Tile |
| FoundationStone | Heating FuelNatural gas |
| HeatingOther | Storeys Total2 |
| TypeFourplex | Utility WaterMunicipal water |
| Size Frontage74 ft ,10 in | AmenitiesRecreation Nearby, Shopping, Water Nearby |
| SewerMunicipal sewage system | Size Depth109 ft ,10 in |
| Size Irregular74.8 ft X 109.85 ft |
Listing Office: PAUL RUSHFORTH REAL ESTATE INC.
Data Provided by Ottawa Real Estate Board
Last Modified :05/07/2024 01:12:04 PM
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