161-191 ELIZA Street, Prescott, ON K0E 1T0

Prescott K0E 1T0 Ontario

MLS: X12004923

$779,900

Added 50 days ago | For Sale

Listed by: EXP REALTY

About Property

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!

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 145.2 X 100.01
  • Water:Municipal
  • Garage Spaces: /Single Detached
  • Driveway:
  • Heating Fuel:
  • Cross Street:From Highway 401 take Edward St south To Wood St W (at base of overpass), Turn right, first right (Susan St), turn right onto Eliza St. Unit is on your right hand side.
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $5089.28
  • Bedrooms:
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12004923

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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