$639,900
About this Business with 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. 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:52909)
Listed by RIGHT AT HOME REALTY.
Brought to you by your friendly REALTORS® through the MLS® System and TDREB (Tillsonburg District Real Estate Board), courtesy of Brixwork for your convenience.
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Features
- MLS®: 1372629
- Type: Business with Property
- Full Baths: 0
- Parking: 10
- Storeys: 0 storeys
- Year Built: 1930
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (229 Elgin Street W, Arnprior), such as schools, parks & recreation centres and public transit.
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