$699,900

Multiplex

229 Elgin Street, Arnprior, ON

33 DAYS
8
5
0
3500-5000
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Listed by RIGHT AT HOME REALTY

Property Highlights

Parking

8 spaces

Property Tax

$3,327/yr

Lot Size

7,165 sqft

Style

2-Storey

Basement

Unfinished, Other

Monthly Cost

$3,233/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$2,955
Property Tax ($3,327/yr)$277
Total$3,232

Price & Listing History

Schools

Location

Tap to view full map

Listing Presented By

Iryna Tarabanovska

Iryna Tarabanovska

REALTOR®

+1 (647) 570-8221
iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage