Prescott, ON K0E 1T0,161-191 ELIZA ST
Prescott, ON K0E 1T0,161-191 ELIZA ST
Prescott, ON K0E 1T0,161-191 ELIZA ST
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$779,900
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14,520 SqFt
Active

161-191 ELIZA ST Prescott, ON K0E 1T0

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 14,520 sqft

Price per Sqft $53

Subdivision 808 - Prescott

MLS Listing ID X12004923

Annual Tax Amount $5,089

Tax Year 2024

Property Sub-Type Investment

Property 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!

Location

Province ON

County Leeds And Grenville

Community 808 - Prescott

Area Leeds And Grenville

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 145.2

Lot Depth 100.01


Listed by EXP REALTY

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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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161-191 ELIZA ST