$779,900

161-191 Eliza Street, Prescott, Ontario, K0E1T0

Details

  • Listing ID: X12004923
  • Price: $779,900
  • Address: 161-191 Eliza Street, Prescott, Ontario K0E1T0
  • Property Type: Multi-family
  • Heating: Baseboard Heaters

Description

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:22130)

 
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