Arnprior, ON K7S 2N9,216 JOHN ST N

$596,000

Est. payment /mo

$649,900

8.3%
Est.Price: ?

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216 JOHN ST N Arnprior, ON K7S 2N9

SOLD DATE : 12/13/2024

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 12/13/24

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

State 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

Lot Frontage 74.8

Lot Depth 109.85

Total Parking Spaces 4

Building

Foundation Stone

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Listed by PAUL RUSHFORTH REAL ESTATE INC.
agent

Danielle Pinnock

+1(519) 671-7653

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