229 ELGIN STREET W, Arnprior, ON K7S1P4
229 ELGIN STREET W, Arnprior, ON K7S1P4
229 ELGIN STREET W, Arnprior, ON K7S1P4
229 ELGIN STREET W, Arnprior, ON K7S1P4
229 ELGIN STREET W, Arnprior, ON K7S1P4
229 ELGIN STREET W, Arnprior, ON K7S1P4
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$ 699,900
Est. payment | /mo

8 Beds

5 Baths

3,500 SqFt


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$ 699,900
Est. payment | /mo
Save

8 Beds

5 Baths

3,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Square Footage 3,500 sqft

Price per Sqft $199

Subdivision 550 - Arnprior

MLS® Listing ID X12561804

Bedrooms 8

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:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Nearby Locations

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1816 crowchild trail nw # 700 Calgary T2M3Y7, Canada
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229 ELGIN STREET W