$2,750,000 FOR SALE

Fourplex

Lot: 49.92 x 102.83 ft

241 Fifth Avenue
Ottawa, ON K1S 2N1 | Glebe

Discover a rare opportunity to own an updated fourplex in The Glebe, one of Ottawa's most sought-after areas. This property presents investors a chance to capitalize on its prime location and modern updates. Each unit is beautifully renovated, ensuring attractive living spaces that appeal to tenants seeking comfort and style. Two units are currently leased under master leases, providing stable income, and there's an opportunity to lease the remaining two units at market rates. Ample parking further enhances income potential in this centrally located neighborhood. Renowned for its vibrant community, eclectic mix of shops, cafes, and proximity to parks and recreational facilities, the location ensures high demand from tenants looking for both convenience and quality of life. Expand your portfolio with this smart investment choice and don't miss this prime real estate opportunity. Schedule your viewing today! (id:47423)

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Listed By UNRESERVED Brokerage
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1398905
Last Updated Jul 02, 2024
Property Summary
Property Type Fourplex

More like this:
Neighbourhood Glebe
Price History
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Detailed Information
Lot 49.92 x 102.83 ft
Amenities Nearby Public Transit, Recreation Nearby, Shopping
Communication Type Internet Access
Features Balcony
Lease Type Gross
Listing Contract Date 2024-06-24
Municipal ID 041370332
# of Parking Spaces 6
Property Type Multi-family
Transaction Type For sale
Zoning Description Residential
Building
Amenities Furnished
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1914
Construction Style (Attachment) Attached
Cooling Type Wall unit, Air exchanger
Exterior Finish Brick, Stucco
Fixture Drapes/Window coverings
Flooring Type Hardwood, Laminate, Tile
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 3
Type Fourplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Surfaced
Land
Total Size 49.94 ft X 102.87 ft
Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal sewage system
Size of Irregular Land 49.94 ft X 102.87 ft
External Links

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