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- MLS#1219111
- TypeMulti-Family
- CityOttawa
- NeighbourhoodOverbrook-Castle Heights
- Postal CodeK1K 1M7
- Style
- Price$ 1,589,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
Re/Max Hallmark Realty Group
Property Description
Unique property that has 14 bachelor units with another two units that share accommodations. Huge income that comes with a 7.4 % cap rate. Perfect for the investor looking to get a good return for the invested dollar. 24 hours notice for showings and 24 hours irrevocable on all offers. Some rents will be going up Dec 1, 2020. The Buyer to do their own due diligence with this property. Please note zoning has recently changed from R4N to R4UC-c. With the current lot size you are allowed to have 9+ units and can build up to 11 metres in height. (id:27)
Price History | |
---|---|
12/5/2020 | Listed $1,589,900 |
General Features
Garage | no |
---|---|
Listing Type | Investment |
Neighbourhood | Overbrook/Castle Heights |
Parking | yes |
Parking Spaces | 4 |
Property Type | Multi-family |
Sewer | Municipal sewage system |
Terms | SALE |
Wheel Chair Access | no |
Zoning | R4N |
Interior Features
Cooling Type | None |
---|---|
Fireplace | no |
Foundation Type | Block, Poured Concrete |
Heating Fuel | Natural gas |
Heating Type | Radiant heat |
Exterior Features
Exterior Finish | Siding |
---|---|
Lot Frontage | 50.0 |
Lot Size | 50 ft X 116.75 ft |
Pool Y/N | no |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool