Discover an exceptional investment opportunity with this six-unit building, featuring generously sized and fully occupied units. The property comprises four expansive 4-bedroom units and two 6-bedroom units, all equipped with in-unit laundry. Perfect for any investor, this building is nestled in a prime location just steps from Rideau Centre, the University of Ottawa, parks, and a variety of amenities. Strategically positioned in one of the city's most robust rental markets, this outstanding property offers immediate rental income with substantial potential for future growth. Don't miss your chance to explore this must-see investment, primed to deliver excellent returns in an unbeatable location.48 Hours Notice for all showings & 48 Hour Irrevocable on all offers
Extras
Other in expenses are Snow, garbage & lawn care. See attached for complete income and expenses. Capital expenditure statement will be provided upon request. Maintenance amount on MLS is estimated at 5% of income.
King Edward right on Somerset turn right at the first cross street onto Henderson Ave
Neighbourhood
4004 - Sandy Hill
Area
Ottawa
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
40 x 101 ft
Approximate Age
6-15
Air Conditioning
Y
Basement
Y
Gross Income/Sales
$288,730
Net Income Before Debt
$210,512
Hydro Expense
$2,279
Water Expense
$4,656
Heat Expenses
$3,431
Insurance Expense
$5,728
Management Expense
$13,370
Operating Expenses
$78,218
Taxes Expense
$27,245
Other Expenses
$7,194
Year Expenses
$2,024
Expenses Actual/Estimated
Act
Water
Municipal
Zoning
Residential
Seller Property Info Statement
N
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