229 Elgin Street WArnprior, Renfrew, ON, K7S 1P4
229 Elgin Street WArnprior, Renfrew, ON, K7S 1P4
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Buy/sell history for 229 Elgin Street W, Arnprior, ON K7S 1P4
| Date Start | Date End | Event | Price | MLS# |
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Current valuation for 229 Elgin Street W, Arnprior, ON K7S 1P4. Listed for $649,900 on 2026-11-02
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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.
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$649,900
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