Listing courtesy of RE/MAX HALLMARK REALTY GROUP.
Prime investment opportunity! Tastefully renovated all-brick turnkey legal fourplex located minutes from downtown Ottawa. The property features 4 carefully planned and spacious dwellings - 3x two bedroom units and 1x one bedroom unit - all with their own separate entrances. Includes 4 surface parking spaces (more with tandem parking) and a single garage for additional income. It sits on a large R4UA zoned corner lot, siding onto a park. Includes 5 hydro meters and a coin-operated washer and dryer. Fully tenanted, no vacancies until at least 2024. Net operating income of $72,687 and cap rate of 5.7%. Full financial breakdown available upon request. (id:25314)