229 Elgin Street W, Arnprior, ON K7S 1P4
Arnprior, ON, K7S 1P4 · 550 - Arnprior
About this property
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. Everything is tenanted, all units are turn key. The Building is well appointed on a 71' X 101' Lot with 8 designated parking spots. Recent upgrades include Roof, Fire Sprinkler System. Ideal property for a value-add investors 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. GOI $71,000.
Features & Amenities
- Basement: Unfinished, Other
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick Veneer, Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 8 |
| Bathrooms | 5 |
| Basement | Unfinished, Other |
| Garage | None |
| Parking Spaces | 8 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $3,327 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick Veneer, Vinyl Siding
- Foundation Details
- Block, Slab, Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Unfinished, Other
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 8
- Parking Total
- 8.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 101.20
- Lot Width
- 70.80
Financial & Tax
- Tax Annual Amount
- $3,327
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- FLEX
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 20
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 8
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Renfrew
- Cross Street
- Elgin ST & McLachlin ST
- Directions
- 417 W, White Lake rd exit, right onto Daniel ST, Left onto Madawaska ST, Right onto Elgin ST
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
229 Elgin Street W, Arnprior, ON K7S 1P4, Arnprior, ON, K7S 1P4