229 ELGIN STREET W
Arnprior, Ontario, K7S1P4
For Sale | $699,900 | 8 beds | 5 baths
Key facts
- Property type: Multi-family
- Structure: Other
- Transaction: For Sale
- Price: $699,900
- Bedrooms: 8
- Bathrooms: 5
- Lot size: 70.8 x 101.2 FT
- Parking: 8
- Listing key: 29121385
Listing overview
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:25314)
Interactive gallery, map, comparables, and calculator tools load automatically.