Triplex for sale in Sandy Hill, Ottawa. Price: $674,900

Coming to the Ottawa MLS Wednesday 18th September.

85 Goulburn Ave. is a terrific multi purpose triplex in one of the nicest parts of Sandy Hill. Just two blocks from Range Road, the Rideau River and Strathcona Park. Not rented to students.

Building has 3 apartments each with one bedroom. Apt, #1 is vacating October 1st & will be left vacant for an OWNER OCCUPANT. It's a charming 1 bed with access to the basement for personal storage & hookups for washer & dryer.

Or INVESTORS can rent #1 for projected amount of $1,350/mo. 35% down returns a 4% cap rate & positive cash flow & ROI.

Other two units are under rented so potential to increase revenue. Apt #2 $1,091. Apt #3 $860.

Charging for parking @ $100 each per month is another potential revenue source. Minimum 24 hrs notice for showings.

  • Taxes are $7047 for 2019
  • 2 blocks west of Range Rd, Rideau River & Strathcona Park
  • 1.5 blocks south of Laurier
  • Rents include parking and utilities
  • Parking at back for 3 vehicles
  • Stone foundation recently repointed
  • Hot water rad heating - Hot water tank is owned
  • Right of Way to back yard

Use the Streetview Map below to explore the neighbourhood near 85 Goulburn

Offers conveyed Sept 28th @ 10 am.

View some other income properties for sale