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In-PersonVirtual Tour
$ 678,800
Est. payment | /mo
4 Baths
2,450 SqFt
$ 678,800
Est. payment | /mo
4 Baths
2,450 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $277
Subdivision 550 - Arnprior
MLS Listing ID X12438060
Annual Tax Amount $3,663
Tax Year 2025
Property Sub-Type Investment
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. 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.
Location
State ON
County Renfrew
Community 550 - Arnprior
Area Renfrew
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 26.5
Lot Depth 93.2
Building
Building Age 100+
Others
Security Features No
Listed by RE/MAX AFFILIATES REALTY LTD.
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