Prime Investment Opportunity! Discover 161-193 Eliza St. in Prescott, a well-maintained 6-plex offering value-add potential. Featuring (4) spacious 2bdrm units & (2) 1bdrm units, this solid brick property, under its 2nd ownership, has been well-maintained since 1978. The 4 2-bedrm units boast bright, open living spaces on the main floor, 2 large bedrms upstairs, basements, & front/back yards, each with designated parking. The 2 1-bedrm units on the lower level are generously sized, offering great rental potential for singles/profesional. W/ strategic updates, there's opportunity to increase rents after turnovers. Property includes oversized 1-car garage ($ potential) & 2 storage sheds. Centrally located in Prescott, known for its growing industrial sector & proximity to major transport routes, this prop is ideally situated for those working nearby or commuting via Hwys 401 & 416. Don't miss this exceptional investment opportunity to capitalize on higher rental rates in a thriving area! |
Price | $779,900 |
Taxes: | $5089.00 |
Occupancy by: | Tenant |
Address: | 161-191 ELIZA St , Prescott, K0E 1T0, Ontario |
Postal Code: | K0E 1T0 |
Province/State: | Ontario |
Legal Description: | LT 8-10 BLK 9 PL 19 PRESCOTT; PRESCOTT |
Lot Size: | 145.20 x 100.01 (Feet) |
Directions/Cross Streets: | From Highway 401 take Edward St south To Wood St W (at base of overpass), Turn right, first right (S |
Category: | Apartment |
Insurance Expense: | $4531 |
Water Expense: | $0 |
Gross Income/Sales: | $44316 |
Operating Expenses: | $9620 |
Net Income Before Debt: | $34696 |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Type: | Com - Investment |
Area: | Leeds & Grenville |
Municipality: | Prescott |
Neighbourhood: | 808 - Prescott |
Lot Size: | 145.20 x 100.01(Feet) |
Tax: | $5,089 |