Properties in Ottawa
Properties in Ottawa
Properties in Ottawa
71 Mcgonigal Street W Arnprior, Ontario K7S 1M2
$678,800
Fantastic investment opportunity in downtown Arnprior! This updated and fully leased multiplex is perfect for owner-occupied use or as a strong addition to your rental portfolio. Located on a quiet street, the property has been exceptionally maintained with long-term, adult tenants in a non-smoking building. The building has had zero rent arrears in the past 14 years, showcasing its stability and reliability. Financial highlights include annual rents of $48,800, expenses of $8,912, and net operating income of $39,888 providing a healthy 5.8% cap rate. Tenants pay their own hydro with separately metered units, and the property also offers on-site laundry, four parking spaces, Inclusions are 4 fridges, 4 stoves, 3 air conditioning units, and washer/dryer. Showings require 24 hours notice. Please allow 28 hours irrevocable on all offers. Vendor may consider assisting with financing. Contact the listing agent for complete financial details. Kindly do not access the property without prior arrangements. (id:55689)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12438060 |
| Property Type | Multi-family |
| Community Name | 550 - Arnprior |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Age | 100+ Years |
| Appliances | Dryer, Washer, Window Air Conditioner |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 2450 Sqft |
| Size Interior | 2,450 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 93 Ft ,2 In |
| Size Frontage | 26 Ft ,6 In |
| Size Irregular | Bldg=26.5 X 93.2 Ft |
| Size Total Text | Bldg=26.5 X 93.2 Ft |
| Zoning Description | Mu/c |
https://www.realtor.ca/real-estate/28936201/71-mcgonigal-street-w-arnprior-550-arnprior
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October 23 2025 12:39:39
Ottawa Real Estate Board
RE/MAX Affiliates Realty Ltd.