For Sale - 71 McGonigal Street, Arnprior, Ontario

Est payment $3,365/mo
Views   1
Time on Jump  77 day
  • Updated multiplex fully leased, ideal for investment or owner occupancy.
  • Located in downtown Arnprior, close to shopping and dining options.
  • Strong rental history with long-term, adult tenants and no arrears.
  • Solid financials showing healthy cap rate and stable income.
  • Includes on-site laundry, four parking spaces, and essential appliances.



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.
Listing IDX12438058
Address71 McGonigal Street
CityArnprior, Ontario
Price$678,800
Bed / Bath4 / 4 Full
Style2-Storey, Fourplex
ConstructionBrick, Vinyl Siding
Land Size3004
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features Separate Hydro MeterOutdoor Features Paved YardOwnership FreeholdBasement UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  RE/MAX AFFILIATES REALTY LTD.
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71 Mcgonigal Street
Arnprior , Ontario
4 4 $678,800
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