114 DALY AVENUE, Ottawa, Ontario K1N6E7

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$1,399,000
List Price
$1,399,000
MLS®
1337918
Days on Market
43
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
25 ft X 99 ft
Subdivision
Sandy Hill

Property Description

A+ investment opportunity in this fabulous downtown 4plex consisting of 3 spacious 2 bedroom units and a 1 bedroom unit in the lower level. Loving held in the same family for 40+ years. Countless updates and improvements with functional elements that you simply do not see in the 'average multi units'. New roof 2022 (21K), updated wiring throughout, newer electrical panels and service, quality boiler, extensive foundation work and repointing, rebuilt front porch, quality metal rear fire escape, etc. Located in an undeniably strategic location moving forward and just a short walk to Ottawa U, Byward Market, LRT, Rideau Canal, DFAIT, Ottawa's financial district and Parliament Hill. Parking for 3 vehicles, 2 bay carports w 5 ingenious storage lockers, workshop storage area, an a wide paved laneway. Excellent professional tenants that pay below market rent. Many ways to improve revenue, excellent addition to your portfolio $84,480.00 Income/4.8% CAP*** (@FMV it generates +$5580.00/yr!!!) (id:25314)

Additional Information

Subdivision
Sandy Hill
Parking Spaces
3
Fireplaces
1
Cooling
None
Country
Canada
Flooring
Tile, Hardwood, Vinyl
Sewer
Municipal sewage system
Heating
Radiant heat, Natural gas
Total Number Of Units
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks