Arnprior, ON K7S1P4,229 ELGIN STREET W
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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
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229 ELGIN STREET W Arnprior, ON K7S1P4

8 Beds

5 Baths


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision 550 - Arnprior

MLS® Listing ID X11950554

Bedrooms 8

Originating Board Ottawa Real Estate Board

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. This property has been well-maintained and brought up to date over the years. Everything is tenanted, all units are turn key. The Building is well appointed on a 71' X 101' Lot with 10 designated parking spots. Recent upgrades include Roof, Fire Sprinkler System. Ideal property for a value-add investor as 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. (id:24570)

Location

Province ON

Interior

Heating Forced air

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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Listed by RIGHT AT HOME REALTY
agent

Graham Terryberry

Agent / Team Leader

+1(403) 909-6787

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229 ELGIN STREET W