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$649,900
Status: For Sale
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.
| Property Type | :Residential |
|---|---|
| MLS Number | :X11950554 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :01 Feb, 2025 (57 Days ago) |
| Source | :TRREB |
| Area | :Renfrew |
|---|---|
| Postal Code | :
K7S 1P4
|
| Price | : $649,900 |
|---|---|
| Property Taxes | :$3891.00 |
| Tax Year | :2024 |
|---|
| Bedrooms | :8 + |
|---|---|
| No. of Rooms | :33 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Cross Street | :Elgin & McLachlin |
| Bathrooms | :5 |
|---|---|
| Fuel | :Gas |
| Exterior Finish | :Brick, Vinyl Siding |
|---|---|
| Parking Space | :8 |
| Basement | :Half |
| Garage | :None |
|---|
01 Feb, 2025
TREB #X11950554
Listed
$649,900
