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Home ON Prescott
161-191 ELIZA STREET
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161-191 ELIZA STREET $779,900
$779,900
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161-191 ELIZA STREET
Prescott, Ontario K0E1T0

MLS® Number: X12004923

Listing 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! (39995610)

Location Description

From Highway 401 take Edward St south To Wood St W (at base of overpass), Turn right, first right (Susan St),\r\nturn right onto Eliza St. Unit is on your right hand side.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
808 - Prescott
Land Size
Bldg=145.2 x 100.01 FT ; 0
Annual Property Taxes
$5,089.28
Total Parking Spaces
6
Time on REALTOR.ca
35 days

Building

Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
6

Measurements

Square Footage
14520 sqft
Exterior Building Size
14520 sqft

Land

Lot Features
Frontage
145 ft ,2 in
Land Depth
100 ft
Other Property Information
Zoning Description
R1/Residential
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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