308 CYR AVENUE, Ottawa, Ontario, K1L7N7
Property TypeMulti-family Built in1950

Solid investment opportunity! 9 unit brick building. Unit mix, 8 - 1 bedroom units and 1 - bachelor with 7 parking spaces. 5 units have been updated. Rents are low which leaves room for upside. Also the large 64 x 96 lot allows space for a potential addition or development. Roof (2020) and Boiler (2013) with some updated windows. Upcoming area within minutes to the downtown core and developments of new homes on the street / surrounding area. Current average rent is low - $841/month. Projected rent with parking $1300/month. Seller would consider a VTB up to 15%. (id:46094)


Details
Management Companynone - OwnershipFreehold
Parking Spaces7 TransactionFor sale
Zoning DescriptionR5D
Building
Constructed Date1950 Exterior FinishBrick
FoundationPoured Concrete Bathrooms (Half)0
Bathrooms (Total)0 Heating FuelNatural gas
HeatingHot water radiator heat Storeys Total2
Utility WaterMunicipal water
Land
Size Frontage64 ft SewerMunicipal sewage system
Size Depth96 ft Size Irregular64 ft X 96 ft

Listing Office: EXP REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :04/08/2021 12:51:15 AM

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