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ON > Arnprior > 550 - Arnprior
Arnprior, ON K7S1R8,47 MADAWASKA STREET
Arnprior, ON K7S1R8,47 MADAWASKA STREET
Arnprior, ON K7S1R8,47 MADAWASKA STREET
Arnprior, ON K7S1R8,47 MADAWASKA STREET
Arnprior, ON K7S1R8,47 MADAWASKA STREET
Arnprior, ON K7S1R8,47 MADAWASKA STREET
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Gabriela Humeniuk

Gabriela Humeniuk

+1(780) 257-8169
$ 585,000
Est. payment | /mo

6 Beds

3 Baths

3,000 SqFt

Save Virtual Tour
$ 585,000
Est. payment | /mo
Save Virtual Tour

6 Beds

3 Baths

3,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $195

Subdivision 550 - Arnprior

MLS® Listing ID X12283721

Bedrooms 6

Half Baths 1

Source Ottawa Real Estate Board

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 2.84 m X 2.31 m Bathroom

Extra Room 2 Second level 4.17 m X 3.3 m Primary Bedroom

Extra Room 3 Second level 3.42 m X 2.51 m Bedroom 2

Extra Room 4 Second level 2.58 m X 3.02 m Bathroom

Extra Room 5 Second level 3.54 m X 4.17 m Bedroom 2

Extra Room 6 Second level 2.78 m X 3.18 m Bedroom 3

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Gabriela Humeniuk

Real Broker

+1(780) 257-8169

Canada

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47 MADAWASKA STREET

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