Incredible investment opportunity in the heart of the fast growing town of Arnprior. This 4 plex multi-unit offers 2- 1 bedroom units (1 of which is vacant, the other is rented for $600/monthly) and 2- bachelor apartments ($515/monthly(A) & $533/monthly(B)). All tenants pay their own utilities. There is a brand new metal roof & new mini split AC. Potential for a 9% cap rate! No common areas or grass cutting. Property is being sold AS IS WHERE IS, as it is an estate sale. NO CONVEYANCE OF OFFERS UNLESS THEY CONTAIN A MINIMUM OF 72 HOURS.
Address
56 Madawaska Street
List Price
$289,500
MLS® Status
New
Expiration Date
2026-04-30
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Arnprior
Sub-Area
550 - Arnprior
Region
Renfrew
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
11
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
70.43
Lot Shape
Irregular
Lot Size Units
Feet
Lot Width
30.1
Parcel Number
573130010
Occupant Type
Tenant
Cross Street
DANIEL STREET
MLS® Number
X12685212
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Basement Area
None
Postal Code
K7S 1R9
Posession Details
Flexible
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$2,628.00
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Renfrew County Real Estate Board
Heat Source
Electric
Heat Type
Heat Pump
Cooling Features
Other
Construction Materials
Vinyl Siding, Wood
Direction Faces
South
Fireplace
No
Foundation Details
Unknown
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
4
Pool Features
None
Roof
Metal
Tax Legal Description
PT LTS 1 & 2, PL 92, AS IN R351716 ; TOWN OF ARNPRIOR - MCNAB
Waterfront
No
Sewer
Sewer
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