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47 Madawaska Street
Arnprior, ON K7S1R8

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Paul Rushforth

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 Paul Rushforth
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Multi Family
6 Bedrooms
2 Full Bathrooms
1 Half Bathroom
MLS #: X12283721
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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/ fre
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 foor-plan attached for
layout. Flexible closing date possible. Please do not visit the property without a booked showing appointment

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Presented by

Paul Rushforth
Paul Rushforth
Paul Rushforth Real Estate
6137882122
Email:  [email protected]
www.PaulRushforth.com

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Listed by: Paul Rushforth Real Estate

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47 Madawaska Street
Arnprior, ON K7S1R8

Contact us for pricing

Property photo
Sold
Multi Family
6 Bedrooms
2 Full Bathrooms
1 Half Bathroom
MLS #: X12283721

Multi Family for sale in Arnprior, ON

Opportunity in downtown Arnprior! Mixed-use triplex w/ MU/C zoning, 8% cap rate, 3 units: new 4-bed (vacant), 2-bed + den (tenanted), and commercial (leased). Great location, cash flow, upgrades!

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Map of 47 Madawaska Street, Arnprior, ON K7S1R8, Canada
Paul Rushforth

For more information contact:
Paul Rushforth
Paul Rushforth Real Estate
Phone: 6137882122
[email protected]

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