1429 MEADOW DRIVE, Ottawa, Ontario K4P1B1
Listing courtesy of RE/MAX DELTA REALTY TEAM.
- $1,199,000
- List Price
- $1,199,000
- MLS®
- 1334636
- Days on Market
- 68
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Lot Size Dimensions
- 184.95 ft X 0 ft (Irregular Lot)
- Subdivision
- Greely
Property Description
Great opportunity to diversify your portfolio with two Residential Units and two Commercial Units! Sitting on 1.1 acres, this property is located just behind a main intersection in popular Greely, but still maintains an uber flexible VM3 zoning - ideal for a bed & breakfast, day care, home based business, office, brewery, restaurant and training center (the list continues!) Currently valued at a 5.3 cap, this property CASH FLOWS and has all major systems updated and in good health. The main home is a duplex with one 1 Bedroom Unit and one 4 Bedroom Unit with excellent tenants. Outside there is a oversized 3 bay garage currently rented out to a small business, as well as a commercial grade Quonset in the rear of the property also rented out to another small business. If you've been looking to get involved in some Commercial Investing then this mixed use building is the perfect start! (id:25314)
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Additional Information
- Subdivision
- Greely
- Parking Spaces
- 4
- Cooling
- Central air conditioning
- Country
- Canada
- Flooring
- Tile, Hardwood, Wall-to-wall carpet
- Sewer
- Septic System
- Heating
- Heat Pump, Baseboard heaters, Natural gas
- Lot Features
- Treed
- Total Number Of Units
- 4
