216 JOHN

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Description

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:39198)

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Additional media

https://iguidephotos.com/o3s0m_216_john_st_n_arnprior_on

Property taxes

$3,997.00 per year / $333.08 per month

Basement

Unfinished, Full, Low

Year build

1924

Type

Multi-family

Bedrooms

null

Bathrooms

null

Parking spots

4 Total

Floor

Tile, Hardwood, Mixed Flooring

Balcony

-

Pool

-

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Natural gas, Other

Fire place(s)

-