229 Elgin Street, Arnprior, Ontario K7S 1P4 is For Sale and has a listing price of 649,900. The property is located in the Arnprior . It's been on the website for 58 Days.
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, 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 an 7.5% cap rate.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 02/01/2025 | X11950554 | $649,900 | For Sale | - | - |
| 01/03/2024 | X9423556 | $639,900 | Expired | - |