229 Elgin Street Arnprior, Ontario K7S 1P4

None Forced Air


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% cap rate. (id:37684)

Property Details

MLS® Number 1345206
Property Type Multi-family
Neigbourhood Downtown
Amenities Near By Recreation Nearby, Shopping
Communication Type Internet Access
Features Corner Site, Flat Site
Parking Space Total 10
Road Type Paved Road


Basement Development Unfinished
Basement Type Cellar (unfinished)
Constructed Date 1930
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick, Siding
Flooring Type Wall-to-wall Carpet, Mixed Flooring, Laminate, Tile
Foundation Type Poured Concrete, Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water




Acreage No
Current Use Development Residential
Land Amenities Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 101 Ft ,2 In
Size Frontage 70 Ft ,10 In
Size Irregular 70.8 Ft X 101.2 Ft
Size Total Text 70.8 Ft X 101.2 Ft
Zoning Description 5 Plex


Fully serviced Available



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