
47 Madawaska Street
Arnprior
47 Madawaska Street
Arnprior


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About this home
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.
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Rooms
16 rooms · 3 bathrooms
- Kitchen10′ × 20′2″201 sq.ft.
- Living room13′8″ × 13′7″185 sq.ft.
- Other7′2″ × 5′7″40 sq.ft.
- Other26′10″ × 13′347 sq.ft.
- Other10′5″ × 8′5″88 sq.ft.
- Bathroom2′11″ × 4′9″14 sq.ft.
- Living room11′2″ × 13′9″154 sq.ft.
- Living room11′5″ × 13′7″156 sq.ft.
- Kitchen14′ × 11′7″163 sq.ft.
- Bathroom8′6″ × 9′11″84 sq.ft.
- Bedroom 211′7″ × 13′8″159 sq.ft.
- Bedroom 39′1″ × 10′5″95 sq.ft.
- Bedroom 412′ × 10′4″125 sq.ft.
- Bathroom9′4″ × 7′7″71 sq.ft.
- Primary bedroom13′8″ × 10′10″148 sq.ft.
- Bedroom 211′3″ × 8′3″92 sq.ft.
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