Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers. (id:6673)
| MLS® Number | 1419981 |
| Property Type | Multi-family |
| Neigbourhood | Castle Heights |
| ParkingSpaceTotal | 5 |
| ConstructedDate | 1959 |
| CoolingType | None |
| ExteriorFinish | Brick, Stucco |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| StoriesTotal | 2 |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 72 Ft ,6 In |
| SizeFrontage | 57 Ft ,1 In |
| SizeIrregular | 57.08 Ft X 72.47 Ft |
| SizeTotalText | 57.08 Ft X 72.47 Ft |
| ZoningDescription | R4ua |
Contact us for more information
Subhir Uppal
Broker of Record
Rick Bedard
Salesperson
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. 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 trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)