216 JOHN St N
550 - Arnprior, Arnprior, K7S 2N9
FOR SALE
$649,900
Sold
$596,000

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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-24 | 2024-11-09 | 46 | $649,900 | $596,000 | Sold |
2024-07-05 | 2024-09-24 | 81 | $699,900 | - | Terminated |
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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 With Plenty Of Updates Make This Beauty A Diamond In The Rough For Multi-Unit Properties. A Purpose Built Full Brick Fourplex With 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 With 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
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