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About the Listing 501504 -
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. Walk to shopping, restaurants and retail, 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 $48,780, expenses of $8,752, and a net operating income of $40,028, 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, and a strong rental history. Inclusions are 4 fridges, 4 stoves, 3 air conditioning units, and washer/dryer. Showings require 24 hours notice. Please allow 24 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.
Listing Highlights for 71 McGonigal St W
Status
Active
Days on Site
34
Property Type
Multi-Family
MLS ®
X12438058
Year Built
Total Square Footage
2,000
Lot/Acreage
3004
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: Separate Hydro Meter
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others: Paved Yard
- Sewer: Sewer
- Parking Features: Lane,Private
Financial Details
- Tax Amount: $3,663
- Taxes w/Assessments: N/A
- Tax/Property ID: 573140418
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
71 McGonigal St W Arnprior, ON K7S 1M2
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