229 Elgin Street W

Arnprior

229 Elgin Street W
229 Elgin Street W
229 Elgin Street W
+26
8
 bed
5
 bath
8
 parking
-
 sqft
Multiplex
$649,900
For Sale
204 days
 on site
$649,900
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Size
-
Lot size
7164 sqft
Street frontage
-
Possession
FLEX
Price per sqft
-
Taxes
$3,891 (2024)
Parking Type
-
Style
2-Storey
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Description
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.
Broker: RIGHT AT HOME REALTY
MLS®#: X11950554
Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
70 Ft
Lot depth:
101 Ft
Listed on:
Feb 1, 2025
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Instant estimate:
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$11,216
lower than listed price
i
High
$679,716
Mid
$638,684
Low
$621,309
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About 229 Elgin Street W

229 Elgin Street W is an Arnprior multiplex for sale. It has been listed at $649900 since February 2025. This multiplex has 8 beds and 5 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Getting around the area will require a vehicle, as the nearest transit stop is a Bus Stop (Route 148 | Gold Mine Sud (Arrêt de courtoisie)) and is a 13-minute drive