52 Madawaska Street Arnprior, Ontario K7S 1R9

$429,900

Stacked Duplex in the heart of bustling Arnprior with estimated Income of 40K! A stones throw away to all of downtown’s amenities. Both units are in turn-key condition. The first level is a spacious 2 bedroom, 1 bath unit with both front and rear entry, currently tenanted for $1500/mo. Upstairs unit is a large 1 bedroom, 1 bath unit and is currently vacant, expected market rent would be $1800-$2000/mo plus utilities. Both Units are separately metered, new furnace (2024) for main level and new heat pump (2024) for upper unit. If you’re in the market you don’t want to miss out on this one. Includes 4 Parking spots at the back. Zoning is M/CU (mixed use commercial residential) which is the best zoning that you can have in Arnprior and permits a wide range of uses. Expected 7.5% cap rate at the current numbers. (id:43934)

Property Details

MLS® Number	1413079
Property Type	Multi-family
Neigbourhood	Downtown
ParkingSpaceTotal	3

Building

BasementDevelopment	Unfinished
BasementFeatures	Low
BasementType	Full (unfinished)
CoolingType	Unknown
ExteriorFinish	Brick
FlooringType	Laminate, Tile
FoundationType	Stone
HeatingFuel	Electric, Natural Gas
HeatingType	Forced Air, Heat Pump
StoriesTotal	2
Type	Duplex
UtilityWater	Municipal Water

Parking

Surfaced

Land

Acreage	No
Sewer	Municipal Sewage System
SizeDepth	97 Ft
SizeFrontage	19 Ft ,10 In
SizeIrregular	19.8 Ft X 97 Ft (irregular Lot)
SizeTotalText	19.8 Ft X 97 Ft (irregular Lot)
ZoningDescription	Mu/c

https://www.realtor.ca/real-estate/27556720/52-madawaska-street-arnprior-downtown