| 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. |
| Price | $678,800 |
| Taxes: | $3663.07 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 71 McGonigal Street West , Arnprior, K7S 1M2, Renfrew |
| Directions/Cross Streets: | John |
| Rooms: | 12 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Living Ro | 13.97 | 12.99 | Laminate |
| Room 2 | Ground | Kitchen | 6.99 | 10.99 | Tile Floor |
| Room 3 | Ground | Bedroom | 9.97 | 12.99 | Laminate |
| Room 4 | Ground | Bathroom | 3.97 | 6.59 | 4 Pc Bath, Tile Floor |
| Room 5 | Ground | Living Ro | 16.99 | 10.99 | Hardwood Floor |
| Room 6 | Ground | Kitchen | 13.28 | 10.99 | Vinyl Floor |
| Room 7 | Ground | Bedroom | 9.97 | 12.99 | Vinyl Floor |
| Room 8 | Ground | Bathroom | 3.58 | 9.97 | 4 Pc Bath, Vinyl Floor |
| Room 9 | Second | Living Ro | 13.78 | 11.28 | |
| Room 10 | Second | Bedroom | 9.84 | 11.58 | |
| Room 11 | Second | Kitchen | 10.99 | 11.97 | |
| Room 12 | Second | Bathroom | 6.89 | 9.97 | |
| Room 13 | Second | Living Ro | 13.97 | 12.73 | Laminate |
| Room 14 | Second | Kitchen | 10.73 | 12.99 | Vinyl Floor |
| Room 15 | Second | Bedroom | 9.15 | 10.79 | Laminate |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 4 | Second |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 4 | Second |
| Washroom Type 9 | 4 | Second |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Lane, Priv |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Lane, Priv |
| Park #2 | |
| Parking Type: | Lane |
| Park #3 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX AFFILIATES REALTY LTD. |
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| Book Showing | Email a Friend |
| Type: | Freehold - Fourplex |
| Area: | Renfrew |
| Municipality: | Arnprior |
| Neighbourhood: | 550 - Arnprior |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $3,663.07 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |