95/97 CONCORD Street North, Ottawa, Ontario K1S0Y7

Listing courtesy of CENTURY 21 SYNERGY REALTY INC.

$1,850,000
List Price
$1,850,000
MLS®
1391393
Days on Market
35
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
66.05 ft X 98.82 ft
Subdivision
SANDY HILL

Property Description

Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, with 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
SANDY HILL
Parking Spaces
7
Country
Canada
Sewer
Municipal sewage system
Heating
Hot water radiator heat, Radiant heat, Natural gas
Total Number Of Units
7
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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