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$ 596,000
$ 649,900 8.3%
Est. payment /mo
Sold on 11/12/2024
216 JOHN ST N Arnprior, ON K7S 2N9
UPDATED:
Key Details
Sold Price $596,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X9520623
Sold Date 11/12/24
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
Province ON
County Renfrew
Community 550 - Arnprior
Area Renfrew
Zoning Residential
Region 550 - Arnprior
City Region 550 - Arnprior
Rooms
Basement Full, Unfinished
Interior
Cooling None
Exterior
Garage Spaces 4.0
Roof Type Metal
Total Parking Spaces 4
Building
Foundation Stone
Listed by PAUL RUSHFORTH REAL ESTATE INC.
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