229 Elgin St W
Arnprior, Arnprior
$649,900
Buy with Dwelly and Save $6,499
Home Details
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Listing Description
Attention Investors! Legal 5 Plex in Arnprior with 5 Units of Income. Incredible location in Arnprior's downtown, A stone's throw away to Main ST shops and restaurants, Beach/Park, Hospital, Schools, Landmarks. This building consists of Three-2 bedroom units & Two 1-Bedroom units, each with its own hydro meter. This property has been well-maintained and brought up to date over the years. Everything is tenanted, all units are turn key. The Building is well appointed on a 71' X 101' Lot with 10 designated parking spots. Recent upgrades include Roof, Fire Sprinkler System. Ideal property for a value-add investor as this building has many underperforming units, some are 50%below market value. Big opportunity to increase equity and cashflow, currently at an 7.5% cap rate.
Appliances
City: Arnprior
Neighborhood: Arnprior
Property History
Rooms
Room dimensions for 229 Elgin St W, Arnprior
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 229 Elgin St W is 3528
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $649900 |
| Down Payment | $129980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $519920 |
Monthly Payment
| Mortgage Payment | $3204 |
| Property Taxes | $324 |
| Maintenance Fees | $0 |
| Monthly Payment | $3528 |
About 229 Elgin St W, Arnprior
Located at 229 Elgin St W , this Arnprior house is available for sale. This property was listed for $649,900 on Sat Feb 01 2025. This house's size is 70.8 x 101.2 Feet. It has 8 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 8 parking spots. 229 Elgin St W, Arnprior is situated in the Arnprior neighbourhood.
MLS#: X11950554 · $649,900 · 8 bedroom house in Arnprior, Arnprior