| Property TypeMulti-family | Built in1959 |
|
Updated and meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5 x stoves, 5 x fridges, 2 x dishwashers. (id:16400) |
| Management CompanyN/A - | OwnershipFreehold |
| Parking Spaces5 | TransactionFor sale |
| Zoning DescriptionR4UA |
| Constructed Date1959 | Exterior FinishBrick, Stucco |
| Heating FuelNatural gas | HeatingHot water radiator heat |
| Storeys Total2 | Utility WaterMunicipal water |
| Size Frontage57 ft ,1 in | SewerMunicipal sewage system |
| Size Depth72 ft ,6 in | Size Irregular57.08 ft X 72.47 ft |
Listing Office: UPPABE INCORPORATED
Data Provided by Ottawa Real Estate Board
Last Modified :02/05/2024 06:11:26 PM
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