71 Mcgonigal Street W Arnprior, Ontario K7S 1M2

$678,800

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. (id:43934)

Property Details

MLS® Number	X12438058
Property Type	Multi-family
Community Name	550 - Arnprior
Equipment Type	Water Heater - Gas, Water Heater
Features	Flat Site, Lane, Paved Yard
Parking Space Total	4
Rental Equipment Type	Water Heater - Gas, Water Heater

Building

Bathroom Total	4
Bedrooms Above Ground	4
Bedrooms Total	4
Age	100+ Years
Amenities	Separate Electricity Meters
Appliances	Dryer, Stove, Washer, Refrigerator
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Cooling Type	Window Air Conditioner
Exterior Finish	Brick, Vinyl Siding
Fire Protection	Smoke Detectors
Flooring Type	Laminate, Vinyl, Tile, Hardwood
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,000 - 2,500 Ft2
Type	Fourplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	93 Ft ,2 In
Size Frontage	26 Ft ,6 In
Size Irregular	26.5 X 93.2 Ft
Size Total Text	26.5 X 93.2 Ft

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Kitchen	3.35 m	3.65 m	3.35 m x 3.65 m
Second Level	Bathroom	2.1 m	3.04 m	2.1 m x 3.04 m
Second Level	Living Room	4.26 m	3.88 m	4.26 m x 3.88 m
Second Level	Kitchen	3.27 m	3.96 m	3.27 m x 3.96 m
Second Level	Bedroom	2.79 m	3.29 m	2.79 m x 3.29 m
Second Level	Bathroom	1.99 m	2.01 m	1.99 m x 2.01 m
Second Level	Living Room	4.2 m	3.44 m	4.2 m x 3.44 m
Second Level	Bedroom	3 m	3.53 m	3 m x 3.53 m
Ground Level	Living Room	4.26 m	3.96 m	4.26 m x 3.96 m
Ground Level	Kitchen	2.13 m	3.35 m	2.13 m x 3.35 m
Ground Level	Bedroom	3.04 m	3.96 m	3.04 m x 3.96 m
Ground Level	Bathroom	1.21 m	2.01 m	1.21 m x 2.01 m
Ground Level	Living Room	5.18 m	3.35 m	5.18 m x 3.35 m
Ground Level	Kitchen	4.05 m	3.35 m	4.05 m x 3.35 m
Ground Level	Bedroom	3.04 m	3.96 m	3.04 m x 3.96 m
Ground Level	Bathroom	1.09 m	3.04 m	1.09 m x 3.04 m

Utilities

Cable	Installed
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/28936200/71-mcgonigal-street-w-arnprior-550-arnprior