47 Madawaska Street Arnprior, Ontario K7S 1R8

$539,900

OPPORTUNITY KNOCKS. DOWNTOWN ARNPRIOR. MIXED USED MULTIPLEX with MU/C zoning in a superb high visibility location on Madawaska St, the location can not be beat for exposure, walkability and future land value. This GEM pulls POSITIVE CASH FLOW and an 8% CAP RATE. Consisting of 3 independent units. 1) BRAND NEW 4 BEDROOM RESIDENTIAL UNIT, completely rebuilt from studs in 2024 w/ fire code (Currently Vacant and Move in Ready) 2) STOREFRONT Commercial Unit (tenant in place). 3) Rear 2 bedroom + Den residential unit (tenant in place). EXCEPTIONAL VALUE. IDEAL FOR OWNER LIVE USE OR INVESTMENT OPPORTUNITY...Endless Opportunities!!. Each Residential unit has their own driveway/parking. High value upgrades in recent years: Metal Roof 2018, 2x Gas Furnace 2022. 2bed unit is monthly, rent is $1230/m + gas/hydro. Commercial Unit Rent is on lease to May 2029 (Buyer option to terminate) $1636/m + hydro. 4Bed is vacant, market rent ~2k+. Tenants pay utilities. (gas/hydro). Owner pays: Water/Taxes/Insurance. 3 separate hydro meters/panels, 2 gas meters. Both RES units are forced air natural gas, COM unit is electric baseboard. LOT SIZE OF 75 x150 allows for redevelopment in the future. See floor-plan attached for layout. Insurance $3,288 Water $125/m ytd for 2025, Property Taxes $4,975. Flexible closing date possible. Please do not visit the property without a booked showing appointment. Min 24hours notice for showings. (id:43934)

Property Details

MLS® Number	X12283721
Property Type	Multi-family
Community Name	550 - Arnprior
Equipment Type	Water Heater
Parking Space Total	4
Rental Equipment Type	Water Heater

Building

Bathroom Total	3
Bedrooms Above Ground	6
Bedrooms Total	6
Age	100+ Years
Appliances	Dryer, Stove, Washer, Refrigerator
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Cooling Type	None
Exterior Finish	Brick, Vinyl Siding
Foundation Type	Stone
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	3,000 - 3,500 Ft2
Type	Other
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	150 Ft
Size Frontage	75 Ft
Size Irregular	75 X 150 Ft
Size Total Text	75 X 150 Ft
Zoning Description	Mu/c

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bathroom	2.84 m	2.31 m	2.84 m x 2.31 m
Second Level	Primary Bedroom	4.17 m	3.3 m	4.17 m x 3.3 m
Second Level	Bedroom 2	3.42 m	2.51 m	3.42 m x 2.51 m
Second Level	Bathroom	2.58 m	3.02 m	2.58 m x 3.02 m
Second Level	Bedroom 2	3.54 m	4.17 m	3.54 m x 4.17 m
Second Level	Bedroom 3	2.78 m	3.18 m	2.78 m x 3.18 m
Second Level	Bedroom 4	3.67 m	3.16 m	3.67 m x 3.16 m
Main Level	Kitchen	3.04 m	6.15 m	3.04 m x 6.15 m
Main Level	Living Room	3.41 m	4.19 m	3.41 m x 4.19 m
Main Level	Living Room	3.49 m	4.15 m	3.49 m x 4.15 m
Main Level	Kitchen	4.27 m	3.54 m	4.27 m x 3.54 m
Main Level	Living Room	4.17 m	4.13 m	4.17 m x 4.13 m
Main Level	Other	2.18 m	1.71 m	2.18 m x 1.71 m
Main Level	Other	8.17 m	3.95 m	8.17 m x 3.95 m
Main Level	Other	3.18 m	2.56 m	3.18 m x 2.56 m
Main Level	Bathroom	0.89 m	1.46 m	0.89 m x 1.46 m

https://www.realtor.ca/real-estate/28602452/47-madawaska-street-arnprior-550-arnprior