421 Nelson Street, Ottawa, Ontario K1N7S6

$1,595,000
List Price
$1,595,000
Price Change
▼ $5,000 1550809511
MLS®
1130348
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Sandy Hill

Property Description

Promotion, $100,000.00 price decrease for an unconditional offer, cash offer, owner retiring. Bank Appraised the property for $1.8 M with a cap rate of 7.9%. fully renovated from top to button (2004-2018) with over $500,000.00 worth of improvements, including new windows and doors, new roof, updated kitchens and Bathrooms for all units, ceramic tiles and more! All the units are fully and tastefully furnished and come with the sale of the building. Also includes 7 Stoves, 9 Fridges, and 9 A/C. The building is three stories, 1x4 Bdrm, 1x3 Bdrm, 1x2 Bdrm, 1 large bachelor, 3 small bachelors, and a Mini office, Storage, and 9 Parking spots (always in hot demand). Walking distance to Ottawa U & all Amenities. (property sells as is, Zoning shall be verified by buyer). Excellent Location for Airbnb. A must see! Call Now! (id:2579)

Additional Information

Heating Fuel
Natural gas,
Subdivision
Sandy Hill
Parking Spaces
9
Levels
3
Country
Canada
Sewer
Municipal sewage system
Frontage Length
40 ft
Heating
Baseboard heaters, Radiant heat
Total Number Of Units
7
Stories
3

Listing courtesy of POWER MARKETING REAL ESTATE INC..

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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