$539,900
4.36 BTC
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Map
47 Madawaska Street, Arnprior
$539,900
PRICE
6
BEDROOMS
3
BATHROOMS
X12283721
MLSID

47 Madawaska Street, Arnprior

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. Insurance $3,288 Water $125/m ytd for 2025, Property Taxes $4,975. Flexible closing date possible. Please do not visit the property without a booked showing appointment. Min 24hours notice for showings.
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Sold History

SOLD
21 November 2025
$508,000

Summary

Address
47 Madawaska Street
MLSID
X12283721
Property Type
Multiplex
Property Category
Bedrooms
6
Bathrooms
3
Kitchens
2
Zoning
MU/C
Taxes (Annual)
$4,974.78
Tax Year
2025
Published
July 14, 2025
Days on Market
145 Days
Possession Type
Flexible
Possession Details
Tba
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Inclusions

Refrigerator, Stove, Washer, Dryer ( in 2bed unit)

Exclusions

Tenant Belongings

Details

Bathroom 1
4-Piece Second Level
Bathroom 2
2-Piece Main Level
Basement
Unfinished
Interior Features
None
Parking Spaces
4
Parking Total
4
Parking Features
Private Double, Private
Architectural Style
2-Storey
Roof
Metal
Construction Materials
Brick, Vinyl Siding
Lot Width
75 Feet
Lot Depth
150 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with PAUL RUSHFORTH REAL ESTATE INC.
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