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Patrick Smith & Vigo Moniz
Sales Representatives
117 Main Street North, Ottawa, Ontario, K0C 1H0 Real Estate
Status:Active
Price:$435,000 
Property Type:Residential
Property Style:1 Storey 
Bedrooms:-
Bathrooms:-
MLS:1287148
Lot Size:118.18 ' x 232.82 '
Taxes:3,022 / 2022
Property description
Here’s a unique opportunity to capitalize on cash flow, with a great location in a growing community. Amazing potential for improvement & long term investment gains. Currently 4 occupied apartments with happy, solid tenants in an established building of historic origin that has received many important basic updates. Roof type: Asphalt Shingle & Metal, Heating type: HE forced air gas & electric baseboard supplement, Electric Meters & Panels: 4. Easy to operate from a distance with management in place offering an impressive cost ratio to income stream and a Cap Rate of 6.30%. Bedroom community to both Ottawa and accessible from Montreal and New York state. Also potential for an owner to occupy & live-in to self manage
Details
Not available!
Features
» Zoned Commercial for Future Use
» FourPlex Fully Rented
» Tenants Pay Heat and Hydro
» Fully Serviced Urban Area
» Cap Rate 6.30%
Room Sizes
Not available!
Open House
No Open House Scheduled!