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$678,800
Available - For Sale
Listing ID: X12438060
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. 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 $48,800, expenses of $8,912, and net operating income of $39,888 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, Inclusions are 4 fridges, 4 stoves, 3 air conditioning units, and washer/dryer. Showings require 24 hours notice. Please allow 28 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.
Price $678,800
Taxes: $3,663
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 71 McGonigal Stre West , Arnprior, K7S 1M2, Renfrew
Postal Code: K7S 1M2
Province/State: Renfrew
Legal Description: PT LT 17, PL 33, MCGONIGAL ST AS IN R418
Directions/Cross Streets: John / Hugh St N
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,450
Total Area Code:  Square Feet
Approximatly Age: 100+
Financial Statement: F
Chattels: T
Franchise: F
Maintenance: 0
Water Expense: $961
Net Income Before Debt: $39888
Expenses Actual/Estimated: $Act
Sprinklers: No
Outside Storage: F
Crane: F
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX AFFILIATES REALTY LTD.

71 McGonigal Stre West , Arnprior, K7S 1M2, Renfrew


 
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At a Glance:
Type: Com - Investment
Area: Renfrew
Municipality: Arnprior
Neighbourhood: 550 - Arnprior
Style:
Lot Size: x 93.20(Feet)
Approximate Age: 100+
Tax: $3,663
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
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