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Sale
111 days on website
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$639,900
Apartment
229 ELGIN STREET W
Arnprior, Arnprior K7S1P4
No obligation, free tour cancelation.
Beds · 0
Baths · 0.0
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, Basement Spray Foam, Furnace and 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 a 6.2% cap rate. (id:10452)
General
Type
Apartment
Style
-
Year Built
1930
Square Footage
-
Taxes
-
Maintenance Fee
-
Est. mortgage
$2,428/mo
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Hamid Riahi
Broker/CEO
Email: hamid@hamidriahi.com
Phone: 613-252-4797
Listing courtesy of:
RIGHT AT HOME REALTY
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