229 Elgin Street West, Arnprior, Ontario K7S1P4
Listing courtesy of RIGHT AT HOME REALTY.
- $699,900
- 8
- BD
- 5
- BA
- List Price
- $699,900
- MLS®
- X12561804
- Days on Market
- 250
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 8
- Bathrooms
- 5
- Lot Size Dimensions
- 70.8 x 101.2 FT
- Subdivision
- 550 - Arnprior
Property Description
Attention Investors! Legal 5 Plex in Arnprior with 5 Units of Income. Incredible location in Arnprior's downtown, A stone's throw away to Main ST shops and restaurants, Beach/Park, Hospital, Schools, Landmarks. This building consists of Three-2 bedroom units & Two 1-Bedroom units, each with its own hydro meter. Everything is tenanted, all units are turn key. The Building is well appointed on a 71' X 101' Lot with 8 designated parking spots. Recent upgrades include Roof, Fire Sprinkler System. Ideal property for a value-add investors this building has many underperforming units, some are 50% below market value. Big opportunity to increase equity and cashflow, currently at an 7.5% cap rate. GOI $71,000. (id:5764)
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Additional Information
- Subdivision
- 550 - Arnprior
- Parking Spaces
- 8
- Cooling
- None
- Country
- Canada
- Sewer
- Sanitary sewer
- Heating
- Forced air, Natural gas
- Stories
- 2
