Arnprior K7S 1R8 Ontario
MLS: X12143865
Added 18 days ago | For Sale
Listed by: PAUL RUSHFORTH REAL ESTATE INC.
OPPORTUNITY KNOCKS. DOWNTOWN ARNPRIOR. MIXED USED MULTIPLEX with MU/C zoning in a superb high visibility location on Madawaska St, the location can not be beat for exposure, walkability and future land value. This GEM pulls POSITIVE CASH FLOW and an 8% CAP RATE. Consisting of 3 independent units. 1) BRAND NEW 4 BEDROOM RESIDENTIAL UNIT, completely rebuilt from studs in 2024 w/ fire code (Currently Vacant and Move in Ready) 2) STOREFRONT Commercial Unit (tenant in place). 3) Rear 2 bedroom + Den residential unit (tenant in place). EXCEPTIONAL VALUE. IDEAL FOR OWNER LIVE USE OR INVESTMENT OPPORTUNITY...Endless Opportunities!!. Each Residential unit has their own driveway/parking. High value upgrades in recent years: Metal Roof 2018, 2x Gas Furnace 2022. 2bed unit is monthly, rent is $1230/m + gas/hydro. Commercial Unit Rent is on lease to May 2029 (Buyer option to terminate) $1636/m + hydro. 4Bed is vacant, market rent ~2k+. Tenants pay utilities. (gas/hydro). Owner pays: Water/Taxes/Insurance. 3 separate hydro meters/panels, 2 gas meters. Both RES units are forced air natural gas, COM unit is electric baseboard. LOT SIZE OF 75 x150 allows for redevelopment in the future. See floor-plan attached for layout. Flexible closing date possible. Please do not visit the property without a booked showing appointment. Min 24hours notice for showings.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Kitchen | 10 ft x 20 ft, 2 in | |
| Living Room | 13 ft, 8 in x 13 ft, 7 in | ||
| Other | 7 ft, 2 in x 5 ft, 7 in | ||
| Other | 26 ft, 10 in x 13 ft | ||
| Other | 10 ft, 5 in x 8 ft, 5 in | ||
| Bathroom | 2 Pc Bath | 2 ft, 11 in x 4 ft, 9 in | |
| Living Room | 11 ft, 2 in x 13 ft, 9 in | ||
| Living Room | 11 ft, 5 in x 13 ft, 7 in | ||
| Kitchen | 14 ft x 11 ft, 7 in | ||
| Second | Bathroom | 4 Pc Bath | 8 ft, 6 in x 9 ft, 11 in |
| Bedroom 2 | 11 ft, 7 in x 13 ft, 8 in | ||
| Bedroom 3 | 9 ft, 1 in x 10 ft, 5 in | ||
| Bedroom 4 | 12 ft x 10 ft, 4 in | ||
| Bathroom | 4 Pc Bath | 9 ft, 4 in x 7 ft, 7 in | |
| Primary Bedroom | 13 ft, 8 in x 10 ft, 10 in | ||
| Bedroom 2 | 11 ft, 3 in x 8 ft, 3 in |
No property rooms available.
