$678,800
Available - For Sale
Listing ID: X12438060
71 McGonigal Street West , Arnprior, K7S 1M2, Renfrew
| 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. |
| Price | $678,800 |
| Taxes: | $3663.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 71 McGonigal Street West , Arnprior, K7S 1M2, Renfrew |
| Postal Code: | K7S 1M2 |
| Province/State: | Renfrew |
| Legal Description: | PT LT 17, PL 33, MCGONIGAL ST AS IN R418 |
| Directions/Cross Streets: | John / Hugh St N |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2450.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 100+ |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Water Expense: | $961 |
| Net Income Before Debt: | $39888 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 4 |
| Outside Storage: | F |
| Crane: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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Years
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| 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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At a Glance:
| Type: | Com - Investment |
| Area: | Renfrew |
| Municipality: | Arnprior |
| Neighbourhood: | 550 - Arnprior |
| Approximate Age: | 100+ |
| Tax: | $3,663 |
| Baths: | 4 |
| Fireplace: | N |
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