$1,295,000

Investment For Sale In Centretown, Ottawa, Ontario

$1,295,000

Property Information:

Located in the heart of Centretown, this fourplex offers a fantastic investment opportunity with its prime location and versatile layout. The property features two spacious two-bedroom units and two comfortable one-bedroom units. At the back of the property, you'll find three convenient parking spaces. Three out of the four units are currently tenanted, ensuring immediate rental income. The remaining unit is owner-occupied, presenting an option for personal use or additional rental potential. Each unit comes with its own electrical panel, enhancing convenience and tenant autonomy. The main floor units have access to unfinished basements, offering extra storage. Included in the listing are 2D floor plans for all units, providing a clear overview of the space and layout. This property represents a unique opportunity in a highly desirable neighborhood with approximately $92,000 yearly gross income. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Flooring Type: Laminate, Tile
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters, Forced air
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: Window air conditioner

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation Nearby, Shopping
  • Built in: 1905
  • Features: Balcony
  • Irregular: Yes
  • Lease Type: Gross
  • Lot Depth: 109.0 Feet
  • Lot Frontage: 34.0 Feet
  • Lot Size: 34 ft X 109 ft
  • Zoning: Residential
  • Sewer: Municipal sewage system
  • Parking Type: Surfaced
  • No. of Parking Spaces: 3

Courtesy of: ONE PERCENT REALTY LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.