229 Elgin Street West, Arnprior

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220 days ago
$699,900

229 Elgin Street West

Arnprior, Ontario K7S1P4

MLS® Number: X12561804

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Bed 8 Bedrooms
Bath 5 Bathrooms
Feet 3500 Square Feet

Listing 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:47966)

(X12561804)

Property Summary

Property Type Other
Building Type Other
Square Footage
3,500 sqft
Neighbourhood Name Arnprior
Time on REALTOR.ca 220 days

Building

Bathrooms

Total 5

Bedrooms

Above Grade 8

Interior Features

Appliances Included Refrigerator, Stove
Basement Type Unfinished, Other, See Remarks, N/A, N/A

Building Features

Features
Vinyl siding, Brick Veneer ,
Structures
Other
Foundation Type
Block, Poured Concrete, Slab

Heating & Cooling

Cooling
None
Heating Type
Forced air, Natural gas

Exterior Features

Exterior Finish
Vinyl siding, Brick Veneer

Location

229 Elgin Street West, Arnprior

Parking

Parking Type: No Garage
Total Parking Spaces: 8
Parking Features: No Garage

Measurements

Square Footage: 3,500 sqft
Total Finished Area: 0 sqft

Rooms

No room information available for this property.

Alaba Adegoke
Alaba Adegoke

+1 (437) 243-1113, +1 (905) 385-9200

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