61-71 Sullivan Crescent, Arnprior, Ontario K7S2Y2

Listing courtesy of SYNERCAPITAL INVESTMENT REALTY.

$4,500,000
List Price
$4,500,000
MLS®
1310107
Days on Market
95
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Arnprior

Property Description

Two 12-unit buildings side by side with separate titles. 18 units of the 24 were extensively renovated, with new lighting, flooring, appliances, kitchens, and bathrooms to create quality units to attract quality tenants. Many capital improvements have been done since 2018, including membrane flat roof, windows and much more. The property shows extremely well and is always fully rented. Rental and operational upside provides the ability to increase income by an estimated $70k+ per year. The buildings consist of a mix of, one and primarily two-bedroom units that are very conducive to the Arnprior market. Desirable residential location close to many recreational amenities such as parks, downtown district, and Arnprior mall. The property has an attractive CMHC mortgage that needs to be assumed. This is a great asset for someone looking to buy a multi-fam that still has upside without having to do too much heavy lifting. Buildings to be sold together. (id:2579)

Additional Information

Ownership
Freehold
Subdivision
Arnprior
Parking Spaces
31
Levels
3
Country
Canada
Frontage Length
246 ft
Heating
Forced air
Total Number Of Units
24
Stories
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks