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460 NELSON Street



+13
9+4
bed8
bath1
parking-
sqftFourplex
$2,500,000
For Sale
363 days
on site$2,500,000

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Size
-
Lot size
1412 sqft
Street frontage
-
Possession
TBD
Price per sqft
-
Taxes
$20,882 (2024)
Parking Type
-
Style
Unknown
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Description
A great investment opportunity is available in the heart of Ottawa with this four-unit building. Building features 2 spacious five bedrooms units , one 4 bedroom 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: ($182,254.23) Yearly Expenses: ($65,293.51) Net Income: ($116,960.72). 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®#: X9516447
Property details
Parking:
Yes
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
Unknown
MLS Size:
0-700 sqft
Lot front:
13 Ft
Lot depth:
101 Ft
Listed on:
Jun 14, 2024
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Instant estimate:
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$71,089
lower than listed pricei
High
$2,550,357
Mid
$2,428,911
Low
$2,307,466
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About 460 NELSON Street
460 Nelson Street is an Ottawa fourplex for sale. 460 Nelson Street has an asking price of $2500000, and has been on the market since June 2024. This fourplex has 9+4 beds, 8 bathrooms and is (over) 700 sqft. 460 Nelson Street resides in the Ottawa Sandy Hill neighbourhood, and nearby areas include ByWard Market, Old Ottawa East, Centre Town and Lower Town.
For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.
If you are reliant on transit, don't fear, 460 Nelson St, Ottawa has a public transit Train Stop (KING EDWARD / SOMERSET E ( A )) a short walk. It also has route , route , and more close by.
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