514-516 Bay Street W, Ottawa, Ontario K1R6B3

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,600,000
List Price
$1,600,000
Price Change
▼ $150,000 1619844321
MLS®
1237143
Days on Market
29
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Centre Town

Property Description

Real Estate Investment opportunity in Centre Town. A five unit building built as such Two 1 bed units,Two 2 bed,One 3 bed unit.Heat is electric and tenants pay by separate meters The elecrtrical was updated the last short while and all is up to code with meters placed at front of bldg. The roof is "Rolled Roofing" and is in excellent condition. The driveway is shared and there is parking for 3 cars. This property has two front entrances 514 and 516 Bay St .Bay St is a one way St. going north. This is a quiet residential area of trendy single family homes and some multi family homes .The area features grocery shops,personal services,parks, playgrounds,schools,and public transportation. This is a safe,middle class well educated community. This building is 1940''s vintage, the tenants here love non hirise living.Easy to rent.High demand area. NO SHOWINGS UNTIL A CONDITIONAL OFFER RECEIVED. OWNER AND LISTING AGENTS WILL COOPERATE FULLY WITH A BUYER AND AGENT. Great Investment (id:2579)

Additional Information

Heating Fuel
Electric
Subdivision
Centre Town
Parking Spaces
3
Levels
3
Country
Canada
Flooring
Carpeted, Mixed Flooring, Laminate
Sewer
Municipal sewage system
Frontage Length
37 ft
Community Features
Adult Oriented
Heating
Baseboard heaters
Total Number Of Units
5
Stories
3

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Calculator source: Real Geeks