Overview
- Multi Family
Description
Excellent investment opportunity- 3-unit building with great cash flow. Live in one unit and rent out the other two to help with the expenses, or rent all 3 units! The upper 2-bedroom unit is vacant, both lower 1-bedroom units are currently rented. One is rented at $1000 monthly (utilities included), the other is rented at $800 monthly (utilities included). Prime Location: Nestled in the heart of Arnprior, enjoy the convenience of being close to local amenities, schools, Robert Simpson Park on the Ottawa River with its sand beach and splash pad, nearby walking trails, and more! Large backyard with plenty of parking. Lot is 150’ deep! The roof is about 5 years old. Shared laundry in the basement. The 2-bed unit has a small balcony. Both tenants are on month-to-month leases. 6.2% Cap Rate with growth potential (8.2%), 2 units rented well below market rent. Invest in your future! 24-hour notice for showings. 24-hour irrevocable on all offers. (27800883)
Details
Updated on March 12, 2024 at 2:28 pm- Property ID: 26427830
- Price: $524,900
- Land Area: 51.46 ft X 150.13 ft
- Property Type: Multi Family
- Property Status: For Sale
- MLS#: 1373053
- Agent Office Name: SOLID ROCK REALTY
- Agent Name: Christopher Smith
- MLS URL: https://www.realtor.ca/real-estate/26427830/204-john-street-n-arnprior-arnprior
- Agent Phone: 1-613-297-6720
- Building Type: Triplex
Address
Open on Google Maps- Address 204 JOHN STREET N,Arnprior, Ontario K7S2N9
- City Arnprior
- Province Ontario
- Postal Code K7S2N9
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