For Sale $899,000 - Multi-Family
| Listing price: $899,000 |
Zoning: TM [2214] |
Unit Breakdown: 1 x 1bedroom, 3 x 2bedroom |
| Bedrooms & Bathrooms: 9 BEDROOMS & 4 BATHROOMS |
Style: DETACHED BRICK 4-PLEX |
Garage/Parking: 4 PARKING SPACES AT BACK |
| Rents: $1850, $1250, $1150, $950 = $5,200/MONTH |
Features: FRIDGE & STOVE IN EACH UNIT, 2 WASHER DRYERS, ROOFTOP PATIO |
Lot Size: 35.89′ X 99.00 FEET |
PROPERTY DETAILS:
- INCOME:
- UNIT 1
- 1 BEDROOM RENTED AT $1200/MONTH ALL INCLUSIVE
- BASEMENT UNIT – SEPARATE ENTRANCE
- UNIT 2
- 2 BEDROOM RENTED AT $1100/MONTH ALL INCLUSIVE
- MAIN FLOOR
- UNIT 3
- 1 BEDROOM RENTED AT $2050/MONTH ALL INCLUSIVE
- AIRBNB SHORT TERM RENTAL – APPROXIMATE
- 2ND FLOOR
- UNIT 4
- 2 BEDROOM RENTED AT $1250/MONTH ALL INCLUSIVE
- TOP FLOOR
- ON LEASE UNTIL AUGUST 31, 2019
- PARKING
- $225 / MONTH
- TOTAL
- $5,550 / MONTH (APPROXIMATE)
- $66,600 / YEAR (APPROXIMATE)
- EXPENSES:
- HYDRO – $5721 / 2018
- GAS – $1721 / 2018
- WATER – $ 2602 / 2018
- TAXES – $6486 / 2018
FEATURES:
- ZONING IS TRADITIONAL MAIN : TM [2214]
- ROOFTOP PATIO
- SOLID BRICK EXTERIOR WITH STONE FOUNDATION
- 4 PARKING SPACES for additional income
INVESTORS ALERT!
Looking for an excellent property in a prime location in CENTRETOWN?! This one has HUGE POTENTIAL right on BRONSON AV in between SOMERSET & GLADSTONE. This area is red hot with development!
Golden opportunity to dramatically increase rents and cashflow by converting to AIRBNB short-term rentals. Contact Chris Steeves for more details on this. This building can pull in very high margins.
Short walk to new LRT STATION on Lyon St. Walk to Chinatown, Lebreton Flats, Sparks Street, and the business district! Unbeatable central location.
COMMERCIALLY ZONED for future development. 4 parking spots for additional income.
Contact Chris today for more info on this excellent opportunity.
CHRIS STEEVES
Sales Representative. Residential & Commercial.
Capital Homes Realty
1419 Carling Av, Ottawa, ON
Cel: 613 262 1697
Office: 613 744 0356
Visit our website:
WWW.CHRISSTEEVES.CA
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