Arnprior K7S 1M2 Ontario
MLS: X12438058
Added 3 hours ago | For Sale
Listed by: RE/MAX AFFILIATES REALTY LTD.
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. Walk to shopping, restaurants and retail, 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 $48,780, expenses of $8,752, and a net operating income of $40,028, 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, and a strong rental history. Inclusions are 4 fridges, 4 stoves, 3 air conditioning units, and washer/dryer. Showings require 24 hours notice. Please allow 24 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.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Ground | Living Room | Laminate | 14 ft x 13 ft |
| Kitchen | Tile Floor | 7 ft x 11 ft | |
| Bedroom | Laminate | 10 ft x 13 ft | |
| Bathroom | 4 Pc Bath, Tile Floor | 4 ft x 6 ft, 7 in | |
| Living Room | Hardwood Floor | 17 ft x 11 ft | |
| Kitchen | Vinyl Floor | 13 ft, 3 in x 11 ft | |
| Bedroom | Vinyl Floor | 10 ft x 13 ft | |
| Bathroom | 4 Pc Bath, Vinyl Floor | 3 ft, 7 in x 10 ft | |
| Second | Living Room | 13 ft, 9 in x 11 ft, 3 in | |
| Bedroom | 9 ft, 10 in x 11 ft, 7 in | ||
| Kitchen | 11 ft x 12 ft | ||
| Bathroom | 6 ft, 11 in x 10 ft | ||
| Living Room | Laminate | 14 ft x 12 ft, 9 in | |
| Kitchen | Vinyl Floor | 10 ft, 9 in x 13 ft | |
| Bedroom | Laminate | 9 ft, 2 in x 10 ft, 10 in | |
| Bathroom | Vinyl Floor | 6 ft, 6 in x 6 ft, 7 in |
No property rooms available.
