LOADING

229 Elgin Street W Arnprior, Ontario K7S 1P4

Unknown Forced Air

$699,900

5 total Units! Prime downtown Arnprior location close to schools, parks, shops, etc. 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 7 designated parking spots. Separate Hydro meters, recent upgrades include Roof, Basement Spray Foam, Furnace and Fire Sprinkler System. 24 hours notice for showings. This is a great opportunity for a value-add investor that appreciates underperforming assets and knows how to cycle out tenants to raise rents to a market value. Most Residential rents are currently 50% below market value. (id:37684)

Property Details

MLS® Number 1323328
Property Type Multi-family
Neigbourhood Arnprior
Parking Space Total 7

Building

Constructed Date 1930
Cooling Type Unknown
Exterior Finish Brick, Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Utility Water Municipal Water

Land

Acreage No
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 Multiplex

https://www.realtor.ca/real-estate/25107635/229-elgin-street-w-arnprior-arnprior

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