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216 John St N

John St N, Arnprior, ON, K7S 2N9

-
Beds
-
Baths
$699,900
List Price
Details
Photos
30
Comparables
History
216 John St N, Arnprior, ON - 1 of 3
216 John St N, Arnprior, ON - 2 of 3
216 John St N, Arnprior, ON - 3 of 3
76 days on market

Quick Summary

  • Fantastic turnkey investment property
  • Impressive financial yield with 5.2+ cap rate
  • Exceptional value in prime downtown location
  • Well-maintained full brick fourplex
  • Recently renovated units with modern standards
  • Flexible living options - live in one, rent others
  • High demand location with quality tenants
  • Low maintenance building with recent updates

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... Show More

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:54626)

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Property Details

Parking

4 Parking Spaces
Open

Lot

Size
897′12″ * 1317′12″
Acres
-

Build

Year Built
1924
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Stone
Builder Name
-
Stories
2
Flooring
Mixed Flooring, Hardwood, Tile
Roof
-

Heating & Cooling

Heating
Other
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1401016
Last Updated
August 22, 2024
Brokerage
PAUL RUSHFORTH REAL ESTATE INC.
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