| Property TypeMulti-family | Built in1960 |
Listing ID: 1378344
$1,350,880
1299 DORCHESTER AVENUE
KELLER WILLIAMS INTEGRITY REALTY
|
Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location ,close to amenities, schools, and transportation, it has consistent occupancy and strong rental demand. Perfect for investors seeking to expand their portfolio, its proven income generation and development possibilities make it an attractive purchase. High Net income of $64,079 with Cap Rate of 4.7%. Loads of development potential while keeping current building. Roof (2019), Furnace (2014). Contact us today for more information (id:16400) Please visit : Multimedia link for more photos and information |
| Amenities NearbyPublic Transit, Recreation Nearby, Shopping | FeaturesBalcony |
| LeaseOther, See Remarks | Parking Spaces6 |
| TransactionFor sale | Zoning DescriptionResidential |
| Basement DevelopmentFinished | BasementCommon (Finished) |
| Constructed Date1960 | Construction MaterialWood frame |
| Construction Style AttachmentAttached | CoolingNone |
| Exterior FinishBrick | Fire ProtectionSmoke Detectors |
| FlooringHardwood, Linoleum | FoundationBlock |
| Heating FuelNatural gas | HeatingForced air |
| Storeys Total2 | TypeFourplex |
| Utility WaterMunicipal water |
| Size Frontage84 ft ,6 in | AmenitiesPublic Transit, Recreation Nearby, Shopping |
| Current UseDevelopment residential | SewerMunicipal sewage system |
| Size Depth99 ft ,5 in | Size Irregular84.53 ft X 99.38 ft |
Listing Office: KELLER WILLIAMS INTEGRITY REALTY
Data Provided by Ottawa Real Estate Board
Last Modified :24/04/2024 12:54:07 PM
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