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$ 678,800
Est. payment /mo
Active
71 McGonigal ST W Arnprior, ON K7S 1M2
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 550 - Arnprior
MLS Listing ID X12438058
Style 2-Storey
Bedrooms 4
Annual Tax Amount $3,663
Tax Year 2025
Property Sub-Type Fourplex
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. 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.
Location
Province ON
County Renfrew
Community 550 - Arnprior
Area Renfrew
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Paved Yard
Parking Features Lane, Private
Pool None
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 26.5
Lot Depth 93.2
Total Parking Spaces 4
Building
Building Age 100+
Foundation Stone
Others
Security Features Smoke Detector
ParcelsYN No
Listed by RE/MAX AFFILIATES REALTY LTD.
