View slideshow for some extra pics! Maximize Rents and choose your own tenants in Centretown! With a slight alteration this property can produce a 6%+ cap rate!! (based on 3units @2100/unit) Location ++ walking distance to trendy Bank St, Parliament hill, the Glebe, Lansdowne and close to both Universities. This classic Victorian building underwent an overhaul in 2017 including a 3 storey addition making for open living spaces, and good sized bedrooms. Easy to rent! Also in 2017, fully re-wired, plumbed, many windows, etc. Each unit has it’s own balcony and laundry too. Currently used as legal duplex with one large 4 bedroom 3 BATH unit (2 storey) , and another 2 bedroom unit. Opportunity is there (including 3rd kitchen rough-in and meters) to easily convert to three units. Never a vacancy. 3 hydro meters, 3 heating systems (2017), and space for the 3rd gas meter when it's time. Excellent investment in Downtown Ottawa! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
33 x 66 ft
Lease Type
Other, See Remarks
Listing Contract Date
2024-08-08
Municipal ID
041220095
# of Parking Spaces
1
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R4S[478]
Building
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Constructed Date
1907
Cooling Type
None
Exterior Finish
Brick, Siding
Flooring Type
Hardwood, Tile
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Open
Land
Total Size
33 ft X 66 ft
Access Type
Highway access
Sewer
Municipal sewage system
Size of Irregular Land
33 ft X 66 ft
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