229 ELGIN St

Flooring: Tile, 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, Basement Spray Foam, Furnace And 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 A 7.6% Cap Rate., Flooring: Carpet Wall-To-Wall & Mixed, Flooring: Laminate