$779,900
Available - For Sale
Listing ID: X12004923
161-191 ELIZA Stre , Prescott, K0E 1T0, Leeds and Grenvi
| Prime investment opportunity in Prescott! This well-maintained six-plex at 161-193 Eliza Street offers significant value-add potential with a mix of (4) spacious two-bedroom townhome-style units and (2) large one-bedroom units. The two-bedroom units span two floors plus a basement, each featuring bright living spaces, large bedrooms, and private front and back yards, while the one-bedroom units are generously sized and situated on the lower level. All tenants are on month-to-month leases, and pay their own utilities, minimizing operating expenses. Additional features include an oversized 1-car garage and two storage sheds, offering further income potential. Located in a thriving industrial town with strong rental demand, this property is just minutes from Highway 401 & 416, making it ideal for commuters and local workers. With below-market rents and room for strategic updates, there is a clear path to increasing cash flow and maximizing investment returns. Don't miss this opportunity to secure a high-potential multi-residential property in a growing market! |
| Price | $779,900 |
| Taxes: | $5089.28 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 161-191 ELIZA Stre , Prescott, K0E 1T0, Leeds and Grenvi |
| Postal Code: | K0E 1T0 |
| Province/State: | Leeds and Grenvi |
| Legal Description: | LT 8-10 BLK 9 PL 19 PRESCOTT; PRESCOTT |
| Lot Size: | 44.26 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 14520.50 |
| Total Area Code: | Square Feet |
| Net Income Before Debt: | $34696 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Outside Storage: | F |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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At a Glance:
| Type: | Com - Investment |
| Area: | Leeds and Grenville |
| Municipality: | Prescott |
| Neighbourhood: | 808 - Prescott |
| Lot Size: | 44.26 x 100.01(Feet) |
| Tax: | $5,089.28 |
| Fireplace: | N |
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