280 ARLINGTON Avenue, Ottawa, Ontario K1R5T2

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$759,000
List Price
$759,000
MLS®
1384384
Days on Market
20
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
24.16 ft X 99 ft
Subdivision
Centretown

Property Description

Almost a 5% cap rate in the heart of the city! Charming full brick duplex located in Centretown! Brimming with potential, this character filled property comes with R4 Zoning and a sizable rear lot providing opportunity for expansion. Central location walking distance to restaurants & transit. Spacious 2 bedroom on main level, 1 bedroom on upper floor. Both units come with full bathrooms, hardwood floors, laundry, window AC units , hydro meters, open concept layouts, large windows and well thought out kitchens. Partly finished basement provides room for possible third bedroom/office space as well as large storage area. Front porch, exterior paint touch ups and back porch resealed 2023 ,roof 2012, floors 2012, electrical panels & 2nd story balcony 2016. Both tenanted units month to month. Great opportunity to reset the rent! Tenant in One-bed is willing to leave. One bed- $1,216/mon, Two bed- $2,009/mon. (id:5764)

Additional Information

Subdivision
Centretown
Parking Spaces
1
Construction Materials
Masonry
Cooling
Window air conditioner
Country
Canada
Flooring
Tile, Hardwood
Sewer
Municipal sewage system
Community Features
Family Oriented
Heating
Forced air, Natural gas
Lot Features
Cul-de-sac, Balcony
Total Number Of Units
2
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks