| Property TypeMulti-family |
|
$67,244 in CASFLOW/NET INCOME! A+ Investment Opportunity in this fabulous downtown LEGAL 4plex (inspected). 3X spacious 2 bedroom units & 1X 1 bedroom unit in the lower level. Lovingly held in the same family for 40+ years it has benefitted from countless updates & improvements with functional elements that you simply do not see in 'average multi units'. Updated wiring throughout with newer electrical panels and service, quality boiler, extensive foundation work & repointing, rebuilt front porch, some windows, metal fire escape, etc. Located in an undeniably strategic location moving forward and just a short walk to Ottawa U, Byward Market, LRT, Rideau canal, Ottawa's financial district and Parliament Hill. Parking for three vehicles, 2 bay carport w 5 ingenious storage lockers, workshop storage area, and a paved laneway. This particular multi-unit has excellent professional tenants that pay below market rent. Many ways to improve revenue. NEW ROOF AUG 2022, $21,000 (id:46094) Please visit : Multimedia link for more photos and information |
| Amenities NearbyPublic Transit, Recreation Nearby, Shopping | LeaseNet |
| Parking Spaces3 | StructureDeck |
| TransactionFor sale | Zoning DescriptionResidential |
| AmenitiesStorage - Locker | Basement DevelopmentFinished |
| BasementFull (Finished) | Construction Style AttachmentAttached |
| CoolingNone | Exterior FinishAluminum siding, Brick |
| Fireplace PresentYes | Fireplace Total1 |
| Fire ProtectionSmoke Detectors | FlooringHardwood, Tile, Vinyl |
| FoundationPoured Concrete, Stone | Bathrooms (Half)0 |
| Bathrooms (Total)0 | Heating FuelNatural gas |
| HeatingRadiant heat | Storeys Total3 |
| TypeFourplex | Utility WaterMunicipal water |
| Size Frontage25 ft | Access TypeHighway access |
| AmenitiesPublic Transit, Recreation Nearby, Shopping | Current UseDevelopment residential |
| Landscape FeaturesPartially landscaped | SewerMunicipal sewage system |
| Size Depth99 ft | Size Irregular25 ft X 99 ft |
Listing Office: ROYAL LEPAGE PERFORMANCE REALTY
Data Provided by Ottawa Real Estate Board
Last Modified :19/01/2023 01:11:48 PM
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