For Sale
229 Elgin Street W
Arnprior, Ontario K7S 1P4
For Sale
$699,900
229 Elgin Street W, Arnprior, Ontario K7S 1P4
▭8 Beds ◫5 Bath Ⓟ1 Parking ↗3,500 - 5,000 ft<sup>2</sup>
Home Overview
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. (id:28469)
Property Details
- MLS Number
- X12561804
- Property Type
- Multi-family
- Community Name
- 550 - Arnprior
- Equipment Type
- Water Heater - Electric, Water Heater
- Parking Space Total
- 8
- Rental Equipment Type
- Water Heater - Electric, Water Heater
Building
- Bathroom Total
- 5
- Bedrooms Above Ground
- 8
- Bedrooms Total
- 8
- Appliances
- Stove, Refrigerator
- Basement Development
- Unfinished,other, See Remarks
- Basement Type
- N/a (unfinished), N/a (other, See Remarks)
- Cooling Type
- None
- Exterior Finish
- Brick Veneer, Vinyl Siding
- Foundation Type
- Block, Slab, Poured Concrete
- Heating Fuel
- Natural Gas
- Heating Type
- Forced Air
- Stories Total
- 2
- Size Interior
- 3,500 - 5,000 Ft<sup>2</sup>
- Type
- Other
- Utility Water
- Municipal Water
Parking
- No Garage
- Available
Land
- Acreage
- No
- Sewer
- Sanitary Sewer
- Size Depth
- 101 Ft ,2 In
- Size Frontage
- 70 Ft ,9 In
- Size Irregular
- 70.8 X 101.2 Ft
- Size Total Text
- 70.8 X 101.2 Ft
Neighbourhood
Location & Areas
Ontario
Arnprior
229 Elgin Street W, Arnprior, Ontario K7S 1P4
Commute
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February 25 2026 01:16:01
Ottawa Real Estate Board
Right At Home Realty