229 Elgin W Street, Arnprior, ON K7S 1P4

  • $649,900
229 Elgin W Street, Arnprior, ON K7S 1P4
Active For Sale
229 Elgin W Street, Arnprior, ON K7S 1P4
229 Elgin W Street, Arnprior, ON K7S 1P4
  • $649,900

Overview

Property ID: HZX11950554
  • HZX11950554
  • Property ID
  • Multiplex, Residential
  • Property Type
  • 8
  • Bedrooms
  • 5
  • Bathrooms

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. This property has been well-maintained and brought up to date over the years. Everything is tenanted, all units are turn key. The Building is well appointed on a 71′ X 101′ Lot with 10 designated parking spots. Recent upgrades include Roof, Fire Sprinkler System. Ideal property for a value-add investor as 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.

  • Address 229 Elgin W Street
  • City Arnprior
  • State/county ON
  • Zip/Postal Code K7S 1P4
  • Country CA

Details

Updated on February 1, 2025 at 1:12 pm
  • Property ID: HZX11950554
  • Price: $649,900
  • Bedrooms: 8
  • Bathrooms: 5
  • Garage Size: x x
  • Property Type: Multiplex, Residential
  • Property Status: Active, For Sale

Additional details

  • Roof: Asphalt Shingle,Flat
  • Sewer: Sewer
  • Cooling: None
  • County: Renfrew
  • Property Type: Residential
  • Pool: None
  • Parking: Private
  • Architectural Style: 2-Storey

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