204 JOHN STREET N

Property ID: 1373053

204 JOHN STREET N

204 JOHN STREET N

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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. See MLS #1373052 for additional information. (id:21126)

Property Location

Data Provided by REALTORS® Association of Canadian Real Estate

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