LOADING

52 Madawaska Street Arnprior, Ontario K7S 1R9

Unknown Forced Air, Heat Pump

$429,900

Stacked Duplex in the heart of bustling Arnprior with estimated Income of 40K! A stones throw away to all of downtown’s amenities. Both units are in turn-key condition. The first level is a spacious 2 bedroom, 1 bath unit with both front and rear entry, currently tenanted for $1500/mo. Upstairs unit is a large 1 bedroom, 1 bath unit and is currently vacant, expected market rent would be $1800-$2000/mo plus utilities. Both Units are separately metered, new furnace (2024) for main level and new heat pump (2024) for upper unit. If you’re in the market you don’t want to miss out on this one. Includes 4 Parking spots at the back. Zoning is M/CU (mixed use commercial residential) which is the best zoning that you can have in Arnprior and permits a wide range of uses. Expected 7.5% cap rate at the current numbers. (id:28469)

Property Details

MLS® Number 1413079
Property Type Multi-family
Neigbourhood Downtown
ParkingSpaceTotal 3

Building

BasementDevelopment Unfinished
BasementFeatures Low
BasementType Full (unfinished)
CoolingType Unknown
ExteriorFinish Brick
FlooringType Laminate, Tile
FoundationType Stone
HeatingFuel Electric, Natural Gas
HeatingType Forced Air, Heat Pump
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 97 Ft
SizeFrontage 19 Ft ,10 In
SizeIrregular 19.8 Ft X 97 Ft (irregular Lot)
SizeTotalText 19.8 Ft X 97 Ft (irregular Lot)
ZoningDescription Mu/c