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CAP RATE 7.29% CASH FLOW! Centrally located & TURNKEY Investment Property offering excellent rental income. With an impressive annual net income of $139,469, this ideal property provides steady returns without the need for immediate repairs and renovations, and provides room for growth. Situated in Sandy Hill, one of Ottawa’s most desirable rental market zone, the property is within walking distance to the University of Ottawa, LRT, Rideau Canal, Byward Market, Rideau River, and various parks. Owned for 15 years and meticulously maintained, the property showcases its character with historic mouldings, hardwood floors, vaulted ceilings, abundant natural light, and covered balconies. Located on a major bus route and with convenient access to all amenities, this property is in a prime location to enhance or start your investment portfolio! (id:53622)
| MLS® Number | 1411468 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Parking Space Total | 2 |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 71 Ft ,4 In |
| Size Frontage | 33 Ft ,4 In |
| Size Irregular | 33.33 Ft X 71.33 Ft |
| Size Total Text | 33.33 Ft X 71.33 Ft |
| Zoning Description | R4ub[480]-c |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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