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  • * $4,500,000
  • Acres0.62
  • Built1980
  • DOW96
$4,500,000

61-71 Sullivan Crescent, Arnprior in Arnprior, ON

This is a Multi-family Listing.

Out of Service Area ~the Arnprior area~

CONTACT THE LIST AGENT FOR PROPERTY INFORMATION

61-71 Sullivan Crescent, Arnprior in Arnprior

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:6289)

$4,500,000
61-71 Sullivan Crescent, Arnprior, Ontario

Essential Information

  • MLS® #1310107
  • Price$4,500,000
  • Bathrooms0.00
  • Acres0.62
  • Year Built1980
  • TypeMulti-family
  • Sub-TypeFreehold
  • Days on Website96

Amenities

  • Parking Spaces31

Exterior

  • ExteriorBrick
  • FoundationPoured Concrete

Community Information

  • Address61-71 Sullivan Crescent
  • SubdivisionArnprior
  • CityArnprior
  • Postal CodeK7S2Y2

Interior

  • HeatingForced air
  • # of Stories3

Listing Details

  • Listing OfficeSYNERCAPITAL INVESTMENT REALTY
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