FOUR HOMES! 2 sets of semi detached properties on a 66ft x 99ft lot! Less than 400k per semi! Two spacious 3 bed 1 bath brick semis & two 1+den 1 bath semis. Solid income but loads of room to increase rents on turnover with updating. Additional income potential from large storage shed. A fantastic buy and hold investment with huge upside from development potential! Traditional Main Street zoning allowing for a multitude of development options including plans in place for a 27 unit building. Extensive architectural plans, engineering reports & planning studies already completed for a stunning 27-29 unit building incorporating the existing structures. A great opportunity to take advantage of incentives for rental developments currently available & more to come in the near future. Located at the northern edge of the city, surrounded by sought after condo buildings & Embassies, minutes to the Ottawa River, The Byward Market, Parliament Hill & so much more, this location is second to none! (id:6673)
| MLS® Number | 1376802 |
| Property Type | Multi-family |
| Neigbourhood | Lowertown |
| Amenities Near By | Public Transit, Shopping, Water Nearby |
| Basement Development | Unfinished |
| Basement Features | Low |
| Basement Type | Crawl Space (unfinished) |
| Constructed Date | 1878 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Siding |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| None |
| Acreage | No |
| Land Amenities | Public Transit, Shopping, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 Ft X 99 Ft |
| Size Total Text | 66 Ft X 99 Ft |
| Zoning Description | Tm12 H(14.5) |
Contact us for more information
Nick Lalonde
Salesperson
(866) 530-7737
(647) 849-3180
www.exprealty.ca
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