161-191 Eliza Street Prescott, Ontario K0E 1T0
$779,900
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! (id:47351)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12004923 |
| Property Type | Multi-family |
| Community Name | 808 - Prescott |
| Parking Space Total | 6 |
Building
| Heating Type | Baseboard Heaters |
| Size Exterior | 14520.5 Sqft |
| Size Interior | 14,521 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 100 Ft |
| Size Frontage | 145 Ft ,2 In |
| Size Irregular | Bldg=145.2 X 100.01 Ft ; 0 |
| Size Total Text | Bldg=145.2 X 100.01 Ft ; 0 |
| Zoning Description | R1/residential |
https://www.realtor.ca/real-estate/27990687/161-191-eliza-street-prescott-808-prescott
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March 10 2025 02:23:10
Ottawa Real Estate Board
Exp Realty