403 Peach Tree Lane, Ottawa, Ontario K1K2R7

$699,900
List Price
$699,900
MLS® #
1159827
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Viscount Alexander Park

Property Description

Great investment in an awesome location, cap rate 7%. Brick purpose built triplex with 2-4 bedroom and 1-3 bedroom LARGE units. Fully rented, never a vacancy. Generating over $4,800 per month in rental income, this building has its own private yard and it's within walking distance to the park, nearby amenities, public transit and minutes to downtown. Full brick building, lots of interior upgrades in the past 10 years (kitchens, bathrooms, flooring). Unit#2 is rented furnished for $2,260 (landlord pays hydro+gas), unit 1 rents for $1,200 plus heat and hydro, unit 3 rents for $1,400+heat and hydro. All appliances: 3 fridges, 3 stoves, 3 dishwashers, 3 microwave/hood fans, 1 washer and 1 dryer (coin operated) and furniture in unit#2 are included. 4 Hydro meters, 3 HWT (owned) and 3 high efficiency gas furnaces. Available immediately. (id:2579)

Additional Information

Heating Fuel
Natural gas
Subdivision
Viscount Alexander Park
Parking Spaces
6
Levels
2
Country
Canada
Flooring
Hardwood, Laminate, Tile
Sewer
Municipal sewage system
Frontage Length
56 ft
Heating
Forced air
Total Number Of Units
3
Stories
2

Listing courtesy of RE/MAX CORE REALTY INC..

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