| Property TypeMulti-family | Built in1930 |
|
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 7.6% cap rate. (id:16400) |
| Amenities NearbyRecreation Nearby, Shopping | CommunicationInternet Access |
| FeaturesCorner Site, Flat site | LeaseOther, See Remarks |
| Parking Spaces10 | RoadPaved road |
| TransactionFor sale | Zoning Description5 Plex |
| Basement DevelopmentUnfinished | BasementCellar (Unfinished) |
| Constructed Date1930 | Construction Style AttachmentAttached |
| CoolingNone | Exterior FinishBrick, Siding |
| FlooringWall-to-wall carpet, Mixed Flooring, Laminate, Tile | FoundationPoured Concrete, Stone |
| Heating FuelNatural gas | HeatingForced air |
| Storeys Total2 | TypeFourplex |
| Utility WaterMunicipal water |
| Size Frontage70 ft ,10 in | AmenitiesRecreation Nearby, Shopping |
| Current UseDevelopment residential | SewerMunicipal sewage system |
| Size Depth101 ft ,2 in | Size Irregular70.8 ft X 101.2 ft |
Listing Office: RIGHT AT HOME REALTY
Data Provided by Ottawa Real Estate Board
Last Modified :24/04/2024 12:59:23 PM
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