ON
Arnprior
K7S1P4
229 Elgin W Street
229 Elgin W Street, Arnprior, ON K7S1P4
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Listing Type
Multi Family
Listing Status
Active
29
$699,900

Home Details for 229 Elgin W Street

Price
$699,900
Type
Residential Income
Bedrooms
8
Total Bathrooms
5
Days on site
140
Listing #
X12561804
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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: RIGHT AT HOME REALTY
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EXIT EXCEL REALTY, BROKERAGE
1550 Carling Ave. Suite 204, Ottawa, ON K1Z 8S8
Paul Dion
License #: 5030680
Sales Representative
Office
613 822 8999
Agent
613 293 3337
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