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52 MADAWASKA STREET

Multi-family For Sale in Arnprior, Ontario

$429,900
Stacked Duplex in the heart of bustling Arnprior with estimated Income of 40K! A stones throw away to all of downtown’s amenities. Both units are in turn-key condition. The first level is a spacious 2 bedroom, 1 bath unit with both front and rear entry, currently tenanted for $1500/mo. Upstairs unit is a large 1 bedroom, 1 bath unit and is currently vacant, expected market rent would be $1800-$2000/mo plus utilities. Both Units are separately metered, newer furnace for main level and new heat pump for upper unit. If you’re in the market you don’t want to miss out on this one. Includes 4 Parking spots at the back. Zoning is M/CU (mixed use commercial residential) which is the best zoning that you can have in Arnprior and permits a wide range of uses. Expected 7.5% cap rate at the current numbers. (id:4069)
Address 52 MADAWASKA STREET
List Price $429,900
Property Type Multi-family
Type of Dwelling Duplex
Area Ontario
Sub-Area Arnprior
Lot Size 19.8 ft X 97 ft (Irregular Lot) Sq. Ft.
MLS® Number 1413079
Listing Brokerage RIGHT AT HOME REALTY
Basement Area Full (Unfinished)
Postal Code K7S1R9
Zoning MU/C

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Jeffrey Braun

Corcoran Horizon Realty

117 Port Severn Road Port Severn ON L0K 1S0

Mobile: 705-875-3443

Office: 647-873-3999

jeffrey@corcoranhorizon.com