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A prime investment opportunity in Centretown with a 5.5% cap rate or an opportunity as a owner occupied investment, 176 Arlington Avenue is a spacious duplex featuring two well-designed units, each with its own laundry. Unit A is vacant and Unit B is month to month. Located just two blocks from Bank St., Unit A is a vacant, fully renovated 2 + 1 bedroom apartment spanning the main and lower floors, offering a private entrance, charming finishes, and an efficient layout. The living room includes a large picture window, and the eat-in kitchen is equipped with extended cabinets, ample counter space, and a stainless steel sink. Two bright bedrooms, one with private outdoor access, provide versatility for families, work-from-home setups, or additional living space. A full bathroom on the main level, along with a basement that has laundry, a powder room, and storage, completes this inviting unit. Unit B is tenanted, occupies the second and third floors, and features a uniquely separated, thoughtful layout. The first floor includes three bedrooms, one with a built-in desk nook and another with direct access to a front balcony. The living area, with wide-plank vinyl flooring, adjoins a modern kitchen with wood cabinets, a hex tile backsplash, and plenty of prep space. Before ascending to the top level, you'll find a stylish 3-piece bathroom with a walk-in shower. The top floor has two cozy bedrooms with sloped ceilings, parquet-style flooring, and generous closet space, along with a second 4-piece bath for added convenience. The property sits on a deep lot with mature trees and greenery. Each unit has private entrances and well-defined spaces, making it ideal for multi-tenant rentals or live-in owners seeking extra income. Located close to transit, cafes, parks, and the upcoming redevelopment of the old Greyhound station, this property represents a solid investment in a rapidly densifying area poised for long-term growth in one of Ottawa's most vibrant neighbourhoods. (id:49072)
| MLS® Number | X12804018 |
| Property Type | Multi-family |
| Community Name | 4103 - Ottawa Centre |
| AmenitiesNearBy | Park, Public Transit, Schools |
| CommunityFeatures | Community Centre, School Bus |
| EquipmentType | Water Heater |
| Features | Lane |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 4 |
| BedroomsAboveGround | 7 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 8 |
| Age | 100+ Years |
| Appliances | Dishwasher, Dryer, Microwave, Storage Shed, Two Stoves, Two Washers, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
| Garage |
| Acreage | No |
| LandAmenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 66 Ft |
| SizeFrontage | 34 Ft ,6 In |
| SizeIrregular | 34.5 X 66 Ft |
| SizeTotalText | 34.5 X 66 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 1.6 m | 2.1 m | 1.6 m x 2.1 m |
| Second Level | Kitchen | 3.4 m | 3.1 m | 3.4 m x 3.1 m |
| Second Level | Living Room | 4.6 m | 2.7 m | 4.6 m x 2.7 m |
| Second Level | Bedroom | 3.6 m | 2.7 m | 3.6 m x 2.7 m |
| Second Level | Foyer | 3.1 m | 1.5 m | 3.1 m x 1.5 m |
| Second Level | Living Room | 4.5 m | 3.4 m | 4.5 m x 3.4 m |
| Second Level | Kitchen | 4.6 m | 3.4 m | 4.6 m x 3.4 m |
| Second Level | Bathroom | 2.3 m | 1.6 m | 2.3 m x 1.6 m |
| Second Level | Primary Bedroom | 4.2 m | 3.7 m | 4.2 m x 3.7 m |
| Second Level | Bedroom | 3.2 m | 3 m | 3.2 m x 3 m |
| Lower Level | Foyer | 1.5 m | 2.7 m | 1.5 m x 2.7 m |
| Main Level | Bedroom | 3.7 m | 3.4 m | 3.7 m x 3.4 m |
| Main Level | Bedroom | 1.9 m | 4.1 m | 1.9 m x 4.1 m |
| Main Level | Primary Bedroom | 4.4 m | 3.6 m | 4.4 m x 3.6 m |
| Main Level | Bedroom 2 | 4.2 m | 2.9 m | 4.2 m x 2.9 m |
| Main Level | Bathroom | 2.2 m | 1.9 m | 2.2 m x 1.9 m |
| Main Level | Bedroom 3 | 3.4 m | 3.3 m | 3.4 m x 3.3 m |
| Main Level | Bathroom | 2.5 m | 1.5 m | 2.5 m x 1.5 m |
| Main Level | Utility Room | 5.4 m | 3.1 m | 5.4 m x 3.1 m |
https://www.realtor.ca/real-estate/29380190/176-arlington-avenue-ottawa-4103-ottawa-centre
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