ON > Arnprior > 550 - Arnprior
Arnprior, ON K7S 1P4,229 Elgin ST W
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Arnprior, ON K7S 1P4,229 Elgin ST W
Arnprior, ON K7S 1P4,229 Elgin ST W
Arnprior, ON K7S 1P4,229 Elgin ST W
Arnprior, ON K7S 1P4,229 Elgin ST W
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Jamie Black

Jamie Black

+1(416) 347-9383
$ 649,900
Est. payment /mo
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Active

229 Elgin ST W Arnprior, ON K7S 1P4

8 Beds

5 Baths

UPDATED:

02/01/2025 01:12 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Subdivision 550 - Arnprior

MLS Listing ID X11950554

Style 2-Storey

Bedrooms 8

Annual Tax Amount $3,891

Tax Year 2024

Property Sub-Type Multiplex

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.

Location

Province ON

County Renfrew

Community 550 - Arnprior

Area Renfrew

Rooms

Family Room No

Basement Unfinished, Half

Kitchen 5

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle,Flat

Lot Frontage 70.8

Lot Depth 101.2

Total Parking Spaces 8

Building

Foundation Poured Concrete, Slab

Listed by RIGHT AT HOME REALTY
agent

Jamie Black

Sales Representative

+1(416) 347-9383

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229 Elgin ST W

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