$940,000
$999,900
6.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/01/2023
Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X9472344
Sold Date 09/01/23
Annual Tax Amount $6,245
Tax Year 2022
Property Description
Flooring: Tile, Flooring: Softwood, Attention investors! Welcome to this solid, Victorian style multi-family property - centrally located within steps of
the historic Byward Market. This solid red brick structure consists of a duplex plus a third non-conforming unit with
fantastic income. The main dwelling is a multi-level, 2-bedroom charmingly updated and well kept unit with loft
(rented at $2,750/month). The second unit is a fully renovated, spacious 1-bedroom with high ceilings and plenty
of natural light (rented at $1,850/month with parking). Completed with a third, fully furnished 1-bedroom unit
with gleaming hardwood and stainless steel appliances (rented at $2,200/month). Great, professional tenants!
This is perfect for a first time investor or a seasoned investor looking to build their portfolio with a well-kept and
managed building in a great location. R4UD zoning. NOI of $71,156. Cap rate of 7.1%, Flooring: Laminate
Location
Province ON
County Ottawa
Community 4001 - Lower Town/Byward Market
Area Ottawa
Zoning R4UD
Region 4001 - Lower Town/Byward Market
City Region 4001 - Lower Town/Byward Market
Rooms
Basement Crawl Space, Unfinished
Interior
Interior Features Water Heater Owned
Cooling Central Air
Exterior
Garage Spaces 1.0
Lot Frontage 33.0
Lot Depth 103.83
Total Parking Spaces 1
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