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:37351)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X12004923 |
Property Type | Multi-family |
Community Name | 808 - Prescott |
ParkingSpaceTotal | 6 |
HeatingType | Baseboard Heaters |
SizeExterior | 14520.5 Sqft |
SizeInterior | 14,521 Ft2 |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 100 Ft |
SizeFrontage | 145 Ft ,2 In |
SizeIrregular | Bldg=145.2 X 100.01 Ft ; 0 |
SizeTotalText | Bldg=145.2 X 100.01 Ft ; 0 |
ZoningDescription | R1/residential |
https://www.realtor.ca/real-estate/27990687/161-191-eliza-street-prescott-808-prescott
Contact us for more information
Edmundo Roa
Salesperson
(866) 530-7737
(647) 849-3180