$1,070,000 FOR SALE

Fourplex

Lot: 57.08 x 72.5 ft

382 Brant Street
Ottawa, ON K1L 6V6 | Castle Heights

Updated and meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks & the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 separate hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5% cap rate today for well below the cost to acquire land, pay development/permit fees & construction costs. 5 x stoves, 5 x fridges, 2 x dishwashers. (id:47423)

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Listed By UPPABE INCORPORATED
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1389797
Last Updated Jul 26, 2024
Property Summary
Property Type Fourplex

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Neighbourhood Castle Heights
Price History
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Detailed Information
Lot 57.08 x 72.5 ft
Amenities Nearby Public Transit, Shopping
Community Features Family Oriented
Features Flat site
Lease Type Net
Listing Contract Date 2024-05-02
Municipal ID 042470078
# of Parking Spaces 5
Property Type Multi-family
Transaction Type For sale
Zoning Description R4UA
Building
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1959
Construction Style (Attachment) Attached
Cooling Type None
Exterior Finish Brick, Stucco
Fire Protection Smoke Detectors
Flooring Type Linoleum, Ceramic
Heating Fuel Natural gas
Heating Type Hot water radiator heat
Stories Total 2
Type Fourplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Surfaced
Utilities
Type Description
Fully servicedAvailable
Land
Total Size 57.08 ft X 72.47 ft
Amenities Public Transit, Shopping
Current Use Development residential
Sewer Municipal sewage system
Size of Irregular Land 57.08 ft X 72.47 ft

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