155 MARQUETTE Avenue, Ottawa, Ontario K1L5J7

Listing courtesy of CAPITAL COMMERCIAL INVESTMENT CORP..

$1,695,000
List Price
$1,695,000
MLS®
1381152
Days on Market
41
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
67 ft X 82 ft (Irregular Lot)
Subdivision
Beechwood / Vanier North

Property Description

Own a turnkey investment property in sought-after Beechwood Village! This well-maintained 6-unit (4 x 2 bdrm, 2 x 1 bdrm) building offers a fantastic opportunity for investors seeking stable income and future opportunities to add value. Fully renovated mechanical and laundry room ensures reliable operation for years to come and minimizes operating costs. Upgraded windows throughout enhance comfort and efficiency. The R4S zoning allows for renovations and potential to increase density in the future. Assume the existing CMHC-insured 1st mortgage with a low 2.17% interest rate and significant principal remaining ($917,695 at March 2, 2024), expiring Dec 2025. This locked-in rate offers excellent value relative to current market rates. Situated in the vibrant Beechwood Village / Vanier North neighbourhood, the property enjoys excellent access to shops, restaurants, schools, and public transportation, ensuring a steady tenant pool. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Beechwood / Vanier North
Parking Spaces
5
Country
Canada
Heating
Hot water radiator heat
Total Number Of Units
6
Stories
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks