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95/97 Concord Street N Ottawa, Ontario K1S 0Y7

6512.16 sqft
Radiant Heat

$1,600,000

Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current cap rate of over 6% ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a newer boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:6673)

Property Details

MLS® Number X12067049
Property Type Multi-family
Community Name 4408 - Ottawa East
ParkingSpaceTotal 7

Building

HeatingType Radiant Heat
SizeExterior 6512.16 Sqft
SizeInterior 6512.16 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 98 Ft ,9 In
SizeFrontage 66 Ft
SizeIrregular Bldg=66.05 X 98.82 Ft ; 0
SizeTotalText Bldg=66.05 X 98.82 Ft ; 0
ZoningDescription R4ud

https://www.realtor.ca/real-estate/28131563/9597-concord-street-n-ottawa-4408-ottawa-east

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Ryan Philippe
Salesperson


Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9

Curtis Murphy
Salesperson


Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9