Size
-
Lot size
384.34 sqm
Street frontage
W
Possession
Flexible
Price per sqm
-
Taxes
$5,537 (2023)
Parking Type
Drive Way
Style
-
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Description
Updated and meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and 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 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 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5 x stoves, 5 x fridges, 2 x dishwashers., Flooring: Ceramic, Flooring: Linoleum
EXTRAS:
EXTRAS:
Broker: UPPABE INCORPORATED
MLS®#: X10419065
Property details
Parking:
5
Parking type:
Drive Way
Property type:
Fourplex
Heating type:
Water
Style:
-
MLS Size:
-
Lot front:
17.37 M
Lot depth:
21.95 M
Listed on:
Nov 8, 2024
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Instant estimate:
orto view instant estimate
$99,180
lower than listed pricei
High
$1,019,361
Mid
$970,820
Low
$922,279
