47 Madawaska Street

Arnprior, K7S 1R8

6 Beds

3 Bath

3000-3500 sqft

$599,900

Est. Payment

$2,291/mo*

*Based on 20% down, 4% interest, 30-year term

Listed by PAUL RUSHFORTH REAL ESTATE INC.

Multiplex•MLS #X12143865•New

Room Details

Room	Size	Level
Kitchen 3.04 × 6.15 m	3.04 × 6.15 m	Main
Living Room 4.17 × 4.13 m	4.17 × 4.13 m	Main
Bedroom 2 3.54 × 4.17 m	3.54 × 4.17 m	Second
Bedroom 3 2.78 × 3.18 m	2.78 × 3.18 m	Second
Bedroom 4 3.67 × 3.16 m	3.67 × 3.16 m	Second
Living Room 3.41 × 4.19 m	3.41 × 4.19 m	Main

Client Remarks

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/ fire 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 floor-plan attached for layout. Flexible closing date possible. Please do not visit the property without a booked showing appointment. Min 24hours notice for showings.