Amazing Turnkey cash flow opportunity! This all brick purpose built triplex features three big units with 3 bedrooms w/insuite laundry in one of the busiest arterial intersections in the city of Ottawa. This property sits on an oversized lot that is 63x92 and zoned AM - Arterial Mainstream zoning, which is the highest and most flexible zoning available. This property is great for investors or live-in landlords. Centrally Situated in a very desirable area close to all major bus routes, food basics, timmies, winners and is only 1 block away from St. Laurent Mall. Walking distance to just about everything you will need. Only 11 min to Carleton U, and 9 minutes to Ottawa U or Downtown. Never a vacancy! Everything has been updated; HE Furnace (2015), Tankless HWT (2015), Roof (2019), Entrance/interlock (2018), bricks repointed (2023). All units renovated in 2013 w/ European porcelain kitchens, painted, bathrooms, doors, flooring, front/back stairs. Income: $72.9k, NOI $51,615 @4.5% CAP. (id:6673)
| MLS® Number | 1339440 |
| Property Type | Multi-family |
| Neigbourhood | Overbrook/Castle Heights |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Communication Type | Internet Access |
| Parking Space Total | 1 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1980 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Tile, Ceramic |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Open |
| Access Type | Highway Access |
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 92 Ft ,5 In |
| Size Frontage | 62 Ft ,7 In |
| Size Irregular | 62.6 Ft X 92.4 Ft |
| Size Total Text | 62.6 Ft X 92.4 Ft |
| Zoning Description | Residential |
| Fully serviced | Available |
| Electricity | Available |
Contact us for more information
Ali Abbas
Salesperson
(866) 530-7737
(647) 849-3180
www.exprealty.ca
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