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Royal LePage Team Realty

Megan Razavi
Broker
Office Phone: 613-729-9090
Direct: 613-255-0976
www.shopottawahomes.com

Royal LePage Team Realty
Pic_of_house
Property Price:
$949,900.00 /
Business Type:
Fourplex
Property Type:
Fourplex
Age:
1959
Heating:
Hot water radiator heat
Financial Statement:
No
Freestanding:
No
Front Footage:
40
Industrial Area:
0
Sewers:
Municipal sewag
Total Size:
0
Water:
Municipal
Remarks:

Updated and Upgraded 4-Plex located on a R5 zoning allowing for potential expansion and an addition at the back of the property. This unique zoning allows multiple level building and maximum use of the land. The current building is heavily updated with 3 units newly renovated 2019, new flat roof April 2019, new boiler chimney liner June 2019. Unit 1 lower level for 1300 per/m, Unit 2 upper level rented for only 730 per/m with potential for increase with current Ottawa rates, Unit 3 upper level for 1500 per/m + $75 parking, & Unit 4 lower level rented for 1250 per/m + 50 parking. All plus Hydro Great tenant with potential for more income. Great potential for 8 parking spots income as well. Current cap rate more than 5%. Headache free building. Very rare 4 plex with all 2 bedrooms. All units have updated bathrooms, beautiful kitchens, two units have laundry units. (id:5706)

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Megan  Razavi, Broker

Royal LePage Team Realty

Megan Razavi
Broker
Office Phone: 613-729-9090
Direct: 613-255-0976
www.shopottawahomes.com

Royal LePage Team Realty
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