4000 sqft
Radiant Heat
$1,699,900
Prime Investment Opportunity: 6-Unit Multi-Residential Building. Located just a few blocks from vibrant Beechwood Avenue, this well-maintained 6-unit property presents a strong investment opportunity. Each unit offers one bedroom and one bathroom, with consistent updates and maintenance carried out over the years. Key features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Financial highlights: Gross rental income: $115,320, Operating expenses: $22,649, Net Operating Income (NOI): $92,671. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. This property offers excellent cash flow with upside potential. Full investor package is available. (id:29090)
Property Details
MLS® Number
|
X12451298 |
Property Type
|
Multi-family |
Community Name
|
3402 - Vanier |
Building
Appliances
|
Dryer, Washer |
Heating Type
|
Radiant Heat |
Size Interior
|
4000 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
89 Ft ,10 In |
Size Frontage
|
32 Ft ,11 In |
Size Irregular
|
32.96 X 89.88 Ft |
Size Total Text
|
32.96 X 89.88 Ft |
Zoning Description
|
R4ua |
https://www.realtor.ca/real-estate/28965372/154-156-dagmar-avenue-ottawa-3402-vanier