458 NELSON Street

458 NELSON Street
458 NELSON Street
458 NELSON Street
+10
9+4
 bed
8
 bath
1
 parking
-
 sqft
Fourplex
$2,650,000
For Sale
403 days
 on site
$2,650,000
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Size
-
Lot size
1053 sqft
Street frontage
-
Possession
TBD
Price per sqft
-
Taxes
$19,399 (2024)
Parking Type
-
Style
3-Storey
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Description
A great investment opportunity is available in the heart of Ottawa with this four-unit building. Each spacious unit features four bedrooms and one six-bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($193,834.73) Yearly Expenses: ($68,387.86) Net Income: ($125,446.87). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income.
Broker: EXP REALTY
MLS®#: X9516445
Property details
Parking:
Yes
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
0-700 sqft
Lot front:
10 Ft
Lot depth:
101 Ft
Listed on:
Jun 14, 2024
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Instant estimate:
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$276,041
lower than listed price
i
High
$2,492,657
Mid
$2,373,959
Low
$2,255,261
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About 458 NELSON Street

458 Nelson Street is an Ottawa fourplex for sale. 458 Nelson Street has an asking price of $2650000, and has been on the market since June 2024. This fourplex has 9+4 beds, 8 bathrooms and is (over) 700 sqft. Situated in Ottawa's Sandy Hill neighbourhood, ByWard Market, Old Ottawa East, Centre Town and Lower Town are nearby neighbourhoods.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.

For those residents of 458 Nelson St, Ottawa without a car, you can get around quite easily. The closest transit stop is a Train Stop (KING EDWARD / SOMERSET E ( A )) and is a short distance away connecting you to Ottawa's public transit service. It also has route , route , and more nearby.