229 Elgin Street W Arnprior, Ontario K7S 1P4
$699,900
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:35492)
Property Details
| MLS® Number | X12561804 |
| Property Type | Multi-family |
| Community Name | 550 - Arnprior |
| Equipment Type | Water Heater - Electric, Water Heater |
| Parking Space Total | 8 |
| Rental Equipment Type | Water Heater - Electric, Water Heater |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Appliances | Stove, Refrigerator |
| Basement Development | Unfinished,other, See Remarks |
| Basement Type | N/a (unfinished), N/a (other, See Remarks) |
| Cooling Type | None |
| Exterior Finish | Brick Veneer, Vinyl Siding |
| Foundation Type | Block, Slab, Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 101 Ft ,2 In |
| Size Frontage | 70 Ft ,9 In |
| Size Irregular | 70.8 X 101.2 Ft |
| Size Total Text | 70.8 X 101.2 Ft |
https://www.realtor.ca/real-estate/29121385/229-elgin-street-w-arnprior-550-arnprior
Contact Us
Contact us for more information
Brenden Scott
Broker
14 Chamberlain Ave Suite 101
Ottawa, Ontario K1S 1V9
(613) 369-5199
(416) 391-0013
www.rightathomerealty.com/
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November 20 2025 03:25:49
Ottawa Real Estate Board
Right At Home Realty