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$779,900
Available - For Sale
Listing ID: X9521870
Prime Investment Opportunity! Discover 161-193 Eliza St. in Prescott, a well-maintained 6-plex offering value-add potential. Featuring (4) spacious 2bdrm units & (2) 1bdrm units, this solid brick property, under its 2nd ownership, has been well-maintained since 1978. The 4 2-bedrm units boast bright, open living spaces on the main floor, 2 large bedrms upstairs, basements, & front/back yards, each with designated parking. The 2 1-bedrm units on the lower level are generously sized, offering great rental potential for singles/profesional. W/ strategic updates, there's opportunity to increase rents after turnovers. Property includes oversized 1-car garage ($ 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: $5,089
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: 145.2 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
Zoning: R1/Residential
Category: Apartment
Insurance Expense: $4531
Water Expense: $0
Gross Income/Sales: $44316
Operating Expenses: $9620
Net Income Before Debt: $34696
Sewers: Sewers
Water: Municipal
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EXP REALTY

161-191 ELIZA St , Prescott, K0E 1T0, Ontario


 
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Type: Com - Investment
Area: Leeds & Grenville
Municipality: Prescott
Neighbourhood: 808 - Prescott
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Lot Size: 145.20 x 100.01(Feet)
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Tax: $5,089
Maintenance Fee: $0
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