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Description
Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Motivated vendor
Location Description
Bank St/Aylmer Ave
Property Details
- Community: 4403 - Old Ottawa South
- Property Type: Tenant/Commercial
- Garages: None
- Annual Property Taxes : $ 15949
Building Features
- Parking Type : None
Building Features
- Heating : Gas Forced Air Open
Land (Lot Features)
- Frontage: 30.36 sq.ft
- Land Depth: 161.96sq.ft
Listing Contracted With: ROYAL LEPAGE PERFORMANCE REALTY