| Property TypeMulti-family | Built in1877 |
|
Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:16400) Please visit : Multimedia link for more photos and information |
| Management CompanySelf - | OwnershipFreehold |
| Parking Spaces7 | TransactionFor sale |
| Zoning DescriptionR4UD |
| Constructed Date1877 | Exterior FinishBrick |
| FoundationStone | Heating FuelNatural gas |
| HeatingHot water radiator heat, Radiant heat | Storeys Total2 |
| Utility WaterMunicipal water |
| Size Frontage66 ft ,1 in | SewerMunicipal sewage system |
| Size Depth98 ft ,10 in | Size Irregular66.05 ft X 98.82 ft |
Listing Office: CENTURY 21 SYNERGY REALTY INC
Data Provided by Ottawa Real Estate Board
Last Modified :25/07/2024 01:13:30 PM
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