REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 699,900
Est. payment | /mo
$ 699,900
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID X9524226
Style Unknown
Annual Tax Amount $3,971
Tax Year 2024
Property Description
Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers., Flooring: Tile, Flooring: Hardwood, Flooring: Laminate
Location
State ON
County Ottawa
Zoning Residential
Rooms
Family Room No
Basement Crawl Space, Unfinished
Interior
Interior Features Unknown
Cooling None
Exterior
Parking Features Unknown
Garage Spaces 2.0
Pool None
Roof Type Unknown
Total Parking Spaces 2
Others
Security Features Unknown
Pets Allowed Unknown
Listed by EXP REALTY