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155 MARQUETTE AVENUE, Ottawa, Ontario, K1L5J7
Property TypeMulti-family Built in1953

Own a turnkey investment property in sought-after Beechwood Village! This well-maintained 6-unit (4 x 2 bdrm, 2 x 1 bdrm) building offers a fantastic opportunity for investors seeking stable income and future opportunities to add value. Fully renovated mechanical and laundry room ensures reliable operation for years to come and minimizes operating costs. Upgraded windows throughout enhance comfort and efficiency. The R4S zoning allows for renovations and potential to increase density in the future. Assume the existing CMHC-insured 1st mortgage with a low 2.17% interest rate and significant principal remaining ($917,695 at March 2, 2024), expiring Dec 2025. This locked-in rate offers excellent value relative to current market rates. Situated in the vibrant Beechwood Village / Vanier North neighbourhood, the property enjoys excellent access to shops, restaurants, schools, and public transportation, ensuring a steady tenant pool. (id:16400)


Details
Management CompanyNone - OwnershipFreehold
Parking Spaces5 TransactionFor sale
Zoning DescriptionR4S
Building
Constructed Date1953 Exterior FinishBrick
HeatingHot water radiator heat Storeys Total3
Land
Size Frontage67 ft Size Depth82 ft
Size Irregular67 ft X 82 ft (Irregular Lot)

Listing Office: CAPITAL COMMERCIAL INVESTMENT CORP.

Data Provided by Ottawa Real Estate Board

Last Modified :02/05/2024 10:12:54 AM

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