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Listed by Paul Rushforth Real Estate Inc..
216 JOHN Street N is a Fourplex and is currently for Sale @ $649,900. Taxes in 2023 were $3,997.00.
More homes for sale under 600k in Arnprior
Flooring: Tile, ATTENTION INVESTORS. The home on 216 JOHN Street N has 0 bedrooms, 0 bathrooms, and is located on a 109.85 x 74.80 ft lot in the community of 550 - Arnprior . 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
The address 216 JOHN Street N was listed for sale (MLS# X9520623) on Tuesday, September 24, 2024.