- Ontario
- Arnprior
229 Elgin St
CAD$639,900 Sale
229 Elgin StArnprior, Ontario, K7S1P4
10
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ID1372668
StatusCurrent Listing
TypeResidential House,Fourplex
RoomsBed:0,Bath:0
Lot Size70.8 * 101.2 ft 70.8 ft X 101.2 ft
Land Size70.8 ft X 101.2 ft
AgeConstructed Date: 1930
Listing Courtesy ofRIGHT AT HOME REALTY
Detail
Building
Basement DevelopmentUnfinished
Construction Style AttachmentAttached
Cooling TypeNone
Exterior FinishBrick,Siding
Fireplace PresentFalse
Flooring TypeWall-to-wall carpet,Mixed Flooring,Laminate,Tile
Foundation TypePoured Concrete,Stone
Heating FuelNatural gas
Heating TypeForced air
Stories Total2
Utility WaterMunicipal water
Basement
Basement TypeCellar (Unfinished)
Land
Size Total Text70.8 ft X 101.2 ft
Acreagefalse
AmenitiesRecreation Nearby,Shopping
Current UseDevelopment residential
SewerMunicipal sewage system
Size Irregular70.8 ft X 101.2 ft
Utilities
Fully servicedAvailable
Surrounding
Road TypePaved road
Ammenities Near ByRecreation Nearby,Shopping
Other
Communication TypeInternet Access
FeaturesCorner Site,Flat site
BasementUnfinished,Cellar (Unfinished)
FireplaceFalse
HeatingForced air
Remarks
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:22211)
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Location
Province:
Ontario
City:
Arnprior
Community:
Downtown