Size
-
Lot size
668.9 sqm
Street frontage
S
Possession
FLEXIBLE
Price per sqm
-
Taxes
$4,444.4 (2024)
Parking Type
Garage
Style
2-Storey
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Description
Rarely offered, very well maintained quadplex with over 7% cap rate in area with low vacancy, growing population in an Ottawa bedroom community/ historical town located on the RIDEAU CANAL. Building situated on massive 60' x 120' lot in sought after location with ample parking at back of building. Ground floor with recently updated 2 x 2 bedroom units, upper floor is 2 x 1 bedroom apartments. FURNACES(2013, 2022), ROOF(2022), SOFFITS AND FASCIA(2013), ALL WINDOWS(2014), CHIMNEY CAPPED(2021), SEWAGE LINE REPLACEMENT(coordinated with municipality in 2022), COMPLETE PLUMBING UPDATE WITH ABS AND COPPER, ELECTRICAL(2008), GARAGE DOOR(2023), 4 hot water tanks(all owned, 4 hydro meters. The numbers are $54590 for 2024 Gross Rent. Cashflow(after taxes, utilities, insurance) is $45081 offering a 7.5% cap rate. A solid investment for the savvy investor.
EXTRAS:
EXTRAS:
Broker: SUTTON GROUP - OTTAWA REALTY
MLS®#: X11946434
Property details
Parking:
5
Parking type:
Garage
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
18.29 M
Lot depth:
36.58 M
Listed on:
Jan 29, 2025
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Instant estimate:
Not Available
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