229 ELGIN STREET W, Arnprior, Ontario, K7S1P4
MLS: X12561804 | Other
$699,900
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:64974)
Quick Facts
- Property Type: Other
- Bedrooms: 8 (8 above)
- Bathrooms: 5
- Parking: 8 spaces (No Garage)
- Frontage: 71 ft (21.6 m)
Costs
- Annual Taxes: $3,327.00 (2025)
Listing Provided by: RIGHT AT HOME REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: None
- Basement: Unfinished, Other, See Remarks, N/A, N/A
- Appliances: Refrigerator, Stove
Exterior & Construction
- Exterior: Vinyl siding, Brick Veneer
- Foundation: Block, Poured Concrete, Slab
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 71 ft (21.6 m)
Community & Neighbourhood
- Neighbourhood: 550 - Arnprior
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 229 ELGIN STREET W, Arnprior, Ontario, K7S1P4
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