None
Other
$649,900
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:53341)
Property Details
MLS® Number
|
1413423 |
Property Type
|
Multi-family |
Neigbourhood
|
Arnprior |
AmenitiesNearBy
|
Recreation Nearby, Shopping, Water Nearby |
Easement
|
Unknown |
ParkingSpaceTotal
|
4 |
Building
BasementDevelopment
|
Unfinished |
BasementFeatures
|
Low |
BasementType
|
Full (unfinished) |
ConstructedDate
|
1924 |
ConstructionStyleAttachment
|
Attached |
CoolingType
|
None |
ExteriorFinish
|
Brick |
FlooringType
|
Mixed Flooring, Hardwood, Tile |
FoundationType
|
Stone |
HeatingFuel
|
Natural Gas |
HeatingType
|
Other |
StoriesTotal
|
2 |
Type
|
Fourplex |
UtilityWater
|
Municipal Water |
Parking
Land
Acreage
|
No |
LandAmenities
|
Recreation Nearby, Shopping, Water Nearby |
Sewer
|
Municipal Sewage System |
SizeDepth
|
109 Ft ,10 In |
SizeFrontage
|
74 Ft ,10 In |
SizeIrregular
|
74.8 Ft X 109.85 Ft |
SizeTotalText
|
74.8 Ft X 109.85 Ft |
ZoningDescription
|
Residential |