229 ELGIN STREET W, Arnprior, Ontario K7S1P4

229 ELGIN STREET W
1 / 29

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.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesRefrigerator, Stove
BasementUnfinished, Other, See Remarks, N/A, N/A
Bathrooms Total5
Bedrooms Total8
CoolingNone
HeatingForced air, Natural gas

Building & Exterior

Exterior FeaturesVinyl siding, Brick Veneer
Foundation DetailsBlock, Poured Concrete, Slab
Parking FeaturesNo Garage
Stories2.0

Land & Location

City Region550 - Arnprior
Frontage Length70.9 feet
Lot Size Dimensions70.8 x 101.2 FT

Listing & Financials

Listing OfficeRIGHT AT HOME REALTY
Originating System NameOttawa Real Estate Board

Other Specifications

CountryCanada
Parking Total8

For Sale

$699,900

229 ELGIN STREET W, Arnprior, Ontario K7S1P4

Beds

8

Baths

5

Living Area

-

Lot Size

-

Property Type

Multi-family

Year Built

-

Listing IDX12561804

Location & Map

Similar Homes You May Like