161-191 Eliza Street, Prescott | Image 1

161-191 Eliza Street

Prescott, 808 - Prescott

  • Commercial

$779,900
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R1/Residential

  • Age: No Data

  • Taxes: 5089.28

  • MLS®#: X12004923

  • Days on Site: 3 Days

  • Added: Mar 03, 2025 (1 month ago)

  • Updated:

  • Last Checked: 1 month ago

  • Listed By: EXP REALTY

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!

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 34696

  • Area: Prescott

  • Community: 808 - Prescott

  • Availability Date: TBD

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Baseboard

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Single Detached

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 8-10 BLK 9 PL 19 PRESCOTT; PRESCOTT

  • Taxes: $5,089

  • Expenses: Act

  • Insurance Fee: 4531

  • Operating Fees: 9621

  • Taxes Type: Annual

  • Taxes: 5089

  • Tax Year: 2024

Land

  • Cross Street: From Highway 401 tak

  • Municipality District: Prescott

  • Parcel Number: 681580126

  • Lot Depth: 100.01 Feet

  • Lot Frontage: 145.2 Feet

  • Zoning: R1/Residential

Commercial Specific

  • Total Area: 14520.5

  • Total Area Metric: Sq Ft

  • Lot Code: Building

Map of 161-191 Eliza Street, Prescott
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146-148 King Street West, Prescott | MLS: X11946457
For Sale
2 months ago
$625,000
  • 0 bath
  • 0 bed

146-148 King Street West, Prescott, Ontario • K0E 1T0 • 808 - Prescott

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 257-259 King Street West, Prescott | MLS: X11989921
For Sale
2 months ago
$XXX,XXX
  • — bath
  • — bed

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