See all 11 photos
$678,800
Est. payment /mo
4 Beds
4 Baths
2,000 SqFt
New
71 MCGONIGAL STREET W Arnprior, ON K7S1M2
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $339
Subdivision 550 - Arnprior
MLS® Listing ID X12438058
Bedrooms 4
Source Ottawa Real Estate Board
Property Description
Fantastic investment opportunity in downtown Arnprior! This updated and fully leased multiplex is perfect for owner-occupied use or as a strong addition to your rental portfolio. Walk to shopping, restaurants and retail, located on a quiet street, the property has been exceptionally maintained with long-term, adult tenants in a non-smoking building. The building has had zero rent arrears in the past 14 years, showcasing its stability and reliability. Financial highlights include annual rents of $48,780, expenses of $8,752, and a net operating income of $40,028, providing a healthy 5.8% cap rate. Tenants pay their own hydro with separately metered units, and the property also offers on-site laundry, four parking spaces, and a strong rental history. Inclusions are 4 fridges, 4 stoves, 3 air conditioning units, and washer/dryer. Showings require 24 hours notice. Please allow 24 hours irrevocable on all offers. Vendor may consider assisting with financing. Contact the listing agent for complete financial details. Kindly do not access the property without prior arrangements. (id:24570)
Location
Province ON
Rooms
Kitchen 4.0
Extra Room 1 Second level 3.35 m X 3.65 m Kitchen
Extra Room 2 Second level 2.1 m X 3.04 m Bathroom
Extra Room 3 Second level 4.26 m X 3.88 m Living room
Extra Room 4 Second level 3.27 m X 3.96 m Kitchen
Extra Room 5 Second level 2.79 m X 3.29 m Bedroom
Extra Room 6 Second level 1.99 m X 2.01 m Bathroom
Interior
Heating Forced air
Cooling Window air conditioner
Flooring Laminate, Vinyl, Tile, Hardwood
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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