71 Mcgonigal Street W, Arnprior, Ontario

$678,800

Previous Next

4

Baths

2,450

Square feet

About 71 Mcgonigal Street W

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. (id:6289)

Features of 71 Mcgonigal Street W

Listing # X12438060
Price $678,800
Bathrooms 4.00
Square Footage 2,450
Acres 0.00
Type Multi-family
Sub-Type Multi-Family

Community Information

Address 71 Mcgonigal Street W
Subdivision 550 - Arnprior
City Arnprior
Province Ontario
Postal Code K7S1M2

Amenities

Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Washer, Window Air Conditioner
Heating Natural gas Other
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=26.5 x 93.2 FT

Listing Details

OfficeRE/MAX AFFILIATES REALTY LTD.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?