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$ 1,995,000
Est. payment | /mo
10 Beds
6 Baths
3,500 SqFt
$ 1,995,000
Est. payment | /mo
10 Beds
6 Baths
3,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500 - 5000
Square Footage 3,500 sqft
Price per Sqft $570
Subdivision 5301 - Carlington
MLS® Listing ID X13483634
Bedrooms 10
Property Description
Description: Turn-key 6-unit multifamily in west-central Ottawa - a well-kept, purpose-built brick low-rise with durable cash flow and upside. Mix of four 2-bed/1-bath suites and two 1-bed/1-bath, many renovated with updated finishes.Approx. $128,040 gross income and projected NOI near $100,700 - a 5.05% cap rate at $1,995,000. Includes 3 garages, 9 surface spaces, 6 interior lockers, and coin operated laundry. Recent capital work: pavement (2024), front door (2023), foundation sealing (2018), windows (2018), boiler and roof (2015). Professionally managed by Easy Street Services. Steps from Westboro, Hintonburg and Wellington West, with quick access to the Civic Hospital, downtown, Carleton University, Algonquin College and the rest of Ottawa through the nearby highway 417. Potential upside through turnover, suite upgrades, and storage income; CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Limitations to showings: 9:30 am to 2 pm Tuesday and Thursday, 9 am to 3 pm Monday, Wednesday, Friday, Saturday, Sunday. Some photos virtually staged. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 12
Garage Yes
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by GRAPE VINE REALTY INC.