426 & 428 CLARENCE Street East, Ottawa, Ontario K1N5R8

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,098,000
List Price
$1,098,000
MLS®
1380090
Days on Market
47
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
33.02 ft X 98.46 ft
Subdivision
Lower Town

Property Description

Great opportunity to get this well-maintained real estate as a long-term investment. Two Semi-Detached homes under one ownership. R5L zoning, tons of potential on use. Stable income, high return ( over 6% CAP). Up-to-date maintenance, including the new roofs, Insulation,electrical line, 3 hydro meters, 2 water meter, 2 Furnaces and much more. #428 offers two units with two hydro meters, current rent income $3150/m plus hydro. #426 offers one unit with 4 beds & 2 baths, main floor den/office, south facing fenced yard, great for owner self-use, or expecting the rent around $3800/m. Excellent location,located right across the city's Community Center and walking distance to the French high school De La Salle, Lisgar high school district. Steps to Rideau River, parks, restaurants, public transit. Parking spots on the interlock at the front. A nice choice to grow your investment portfolio, contact your agent for a showing today. Minimum 24 HOURS SHOWING NOTICE NEEDED. (id:5764)

Additional Information

Subdivision
Lower Town
Parking Spaces
2
Cooling
None
Country
Canada
Flooring
Tile, Hardwood, Vinyl
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Lot Features
Balcony
Total Number Of Units
2
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks