| Property TypeMulti-family | Built in1952 |
|
Exceptional investment opportunity in Ottawa. Quality constructed, well managed 4-unit + bonus apt is a high earner. With concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:16400) |
| Amenities NearbyPublic Transit, Recreation Nearby, Shopping | LeaseOther, See Remarks |
| Parking Spaces3 | TransactionFor sale |
| Zoning DescriptionR4 |
| Basement DevelopmentFinished | BasementFull (Finished) |
| Constructed Date1952 | Construction Style AttachmentAttached |
| CoolingNone | Exterior FinishSiding |
| Fireplace PresentYes | Fireplace Total1 |
| FlooringMixed Flooring | FoundationPoured Concrete |
| Heating FuelElectric | HeatingBaseboard heaters |
| Storeys Total2 | TypeFourplex |
| Utility WaterMunicipal water |
| Size Frontage40 ft | AmenitiesPublic Transit, Recreation Nearby, Shopping |
| Current UseDevelopment residential | SewerMunicipal sewage system |
| Size Depth90 ft | Size Irregular40 ft X 90 ft |
Listing Office: COLDWELL BANKER RHODES & COMPANY
Data Provided by Ottawa Real Estate Board
Last Modified :19/07/2024 12:39:48 PM
Powered by SoldPress.