Brand new legal 2-unit conversion in Arnprior! 7.65% cap rate and $1,102 monthly cash flow, even at current interest rates! Prove your investment acumen and show other investors that you CAN cashflow a turn-key duplex over $1,100 at current interest rates by locking in this deal. Old world charm on the outside, new luxury units on the...
Brand new legal 2-unit conversion in Arnprior! 7.65% cap rate and $1,102 monthly cash flow, even at current interest rates! Prove your investment acumen and show other investors that you CAN cashflow a turn-key duplex over $1,100 at current interest rates by locking in this deal. Old world charm on the outside, new luxury units on the inside. One 3-bedroom flagship unit and one 2-bedroom SDU unit; in-suite laundry for both. Projected rents are $1995+hydro and $1695+hydro. Ultra-low property taxes and low heat bills due to the brand new high efficiency boiler system (heat AND hot water supply) ? no expensive electric heaters or furnaces and no water tank rentals/maintenance! Tax, insurance, gas, water total a projected $501.67/mth; $3,188.33/mth left for principal pay down, interest, and cash flow. Click ?More Photos? button on Realtor.ca for full financial analysis. Not holding offers; early bird gets the worm.
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Living Rm
9′2″ x 13′10″
Living/Dining
13′7″ x 15′4″
Kitchen
6′10″ x 8′1″
Kitchen
9′9″ x 13′5″
Bedroom
8′9″ x 13′6″
Bath 4-Piece
Bathroom
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
Sold Nearby
- 2
- 1
- 2
- 1
- 2
- 2
- 2
- 1
- 3
- 1
- 3
- 1
- 3
- 2
- 3
- 3
Listing information provided in part by the Ottawa Real Estate Board for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Copyright © OREB. All rights reserved.
Information is deemed reliable but is not guaranteed accurate by OREB®. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.