$1,899,000 FOR SALE

Multiplex

Lot: 33 x 100 ft

232 St Patrick Street
Ottawa, ON K1N 5K3 | BYWARD MARKET

An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $5000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1800/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 700 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2000/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies. Apt #1 rented @ $1600/mth & Apt #2 and #3 at $1366/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 25% down VTB 1st mortgage at 8%. (id:47423)

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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1379596
Last Updated Oct 02, 2024
Property Summary
Property Type Multiplex

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Neighbourhood BYWARD MARKET
Price History
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Detailed Information
Lot 33 x 100 ft
Listing Contract Date 2024-04-19
Management Company SELF-MANAGED -
Municipal ID 042150259
Ownership Type Freehold
# of Parking Spaces 3
Property Type Multi-family
Transaction Type For sale
Zoning Description MD2 S72 Mixed-Use
Building
Constructed Date 1885
Cooling Type Central air conditioning
Exterior Finish Brick, Stucco
Foundation Type Block, Stone
Heating Fuel Natural gas
Heating Type Forced air, Hot water radiator heat
Stories Total 3
Utility Water Municipal water
Land
Total Size 33 ft X 100 ft
Sewer Municipal sewage system
Size of Irregular Land 33 ft X 100 ft

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