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Active

$699,900

229 ELGIN STREET W, Arnprior

8 Beds • 5.0 Baths • Multi-Family

MLS# X12561804

Multi-Family
Spacious 8-bedroom layout
Arnprior location

About This Property

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:66401)

Property Details

Bedrooms 8

Bathrooms 5.0

Property Type Multi-Family

Location

229 ELGIN STREET W, Arnprior, Ontario, K7S1P4

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$699,900

229 ELGIN STREET W, Arnprior

8 Beds • 5.0 Baths • Multi-Family

Listed by RIGHT AT HOME REALTY

MLS# X12561804

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