$1,698,800 FOR SALE

Triplex

Lot: 33 x 99 ft

179-181 Cathcart Street
Ottawa, ON K1N 5C1 | Lower Town

Turn-key investment property in an ideal location, steps to embassies, government buildings, trails, shops and the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated and upgraded from top to bottom, absolutely everything is done! Best of all, it brings in almost 100k of annual rent with it's 3 large apartments. Tall ceilings, huge rooms, stunning kitchens, beautiful curb appeal, two upstairs balconies and one main floor deck, 2 parking spaces, 3 separate private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with the city. Upstairs is tenanted for $3100, Main floor tenants pay $2950 and basement is vacant (market rent is $2100). Upgrades include: All appliances 2023, Roof 2024, Boiler 2023, heat/AC pumps 2023 and lots more! This one is cash flow positive with today's interest rates and so easy to rent! (id:47423)

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Listed By ROYAL LEPAGE TEAM REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1415353
Last Updated Oct 07, 2024
Property Summary
Property Type Triplex

More like this:
Neighbourhood Lower Town
Price History
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Detailed Information
Lot 33 x 99 ft
Property Easement Right of way
Lease Type Other, See Remarks
Listing Contract Date 2024-10-07
Municipal ID 042170095
# of Parking Spaces 2
Property Type Multi-family
Transaction Type For sale
Zoning Description Residential
Building
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1929
Construction Style (Attachment) Attached
Cooling Type Heat Pump
Exterior Finish Brick
Flooring Type Hardwood, Tile
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Heat Pump, Radiant heat
Stories Total 2
Type Triplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Open
Surfaced
Land
Total Size 33 ft X 99 ft
Current Use Development residential
Sewer Municipal sewage system
Size of Irregular Land 33 ft X 99 ft

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