$2,695,000 FOR SALE

Investment

Lot: 59.66 x 66 ftTotal Area: 10,000 ft2
2024 Taxes: $18,747

342 FRANK St
Ottawa Centre, ON K2P 0Y1 | 4103 - Ottawa Centre | Ottawa

Rarely available purpose built multi unit investment property in prime Centretown location. 194K Gross income. Fully rented. Six 3-bedroom unit + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill.

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Listed By ROYAL LEPAGE PERFORMANCE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9521472
Last Updated Dec 19, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
PIN 041190183
Legal Description PT LTS 6 & 7, PL 3766 , S/S FRANK ST , AS IN N289958 ; OTTAWA/NEPEAN
Occupancy Tenant
Possession Date Flexible
Taxes (2024) $18,747
Directions/Cross Streets Corner of Frank and O'Connor
Neighbourhood 4103 - Ottawa Centre
Area Ottawa
Price History
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Detailed Information
Freestanding Y
Lot 59.66 x 66 ft
Total Area 10,000 ft2
Elevator None
Air Conditioning N
Garage Type None
Parking Spaces 1
Heat Type Gas Forced Air Open
Gross Income/Sales $194,556
Net Income Before Debt $145,931
Hydro Expense $2,409
Water Expense $5,523
Heat Expenses $6,634
Insurance Expense $8,300
Year Expenses $2,023
Expenses Actual/Estimated Act
Sewers San+Storm
Water Municipal
Zoning R4T
Seller Property Info Statement N

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