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High performing 8 unit apartment building with excellent cashflow AND some upside! Well managed and maintained with many capital improvements done over the years. Boasting $148,367.40 in annual gross income, this multi unit would be an excellent addition to an investment portfolio. Being steps away from the Byward Market, Uottawa & Downtown Ottawa makes this building an ideal location for young professionals and students alike. Over the past 5 years,6/8 units have been fully renovated including new kitchens, bathrooms, flooring, trim etc. Two long time tenancies are well below market rent providing future upside on turnover while the other 6 units are at market rents. With excellent management in place, this building is turn key for the next investor. (id:49072)
| MLS® Number | X12319517 |
| Property Type | Multi-family |
| Community Name | 4001 - Lower Town/Byward Market |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 9200 Sqft |
| SizeInterior | 9200 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 112 Ft ,7 In |
| SizeFrontage | 33 Ft ,3 In |
| SizeIrregular | Bldg=33.32 X 112.66 Ft |
| SizeTotalText | Bldg=33.32 X 112.66 Ft |
| ZoningDescription | R4s |
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