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RARE type of investment property and not often offered for sale. Priced at $350k/per unit. Comparable units in the area sold for 400-450k/per unit. This complex includes NINE (9) townhouses (4 END UNITS and 5 middle units). Each unit has 3 bedrooms, 2 baths for middle units and 3 baths for end units, a formal dining room, living room with fireplace, good size eat-in kitchen. The end unit has a primary bedroom with a walk-in closet and a two-piece bath. Many improvements include newer roofs, furnaces, floorings, etc. NEVER a vacancy, long-term tenants, and easily managed. Tenants pay for hydro, gas, and hot water tank rental. Lots of room for rent increases. Great potential to either sever into individual units (buyer's to do their own due diligence) or keep it as is and just collect rents. 20 mins drive to downtown Ottawa, surrounded by many parks, excellent schools, public transit at the doorstep, a long list of amenities, and recreation facilities. (id:10452)
Property Details
| Property Type | Multi-family |
|---|---|
| Square Feet | |
| Maintenance | N/A |
| Days On Our Website | 76 |
| Basement | |
| Kitchens | |
| Lot Dimensions | 239.55 ft X 149.02 ft (Irregular Lot) |
| Pool | N/A |
| Area | Ottawa |
| Air Conditioning | Unknown |
| Heating | Natural gas - Forced air |
| Exterior | Brick, Siding |
| Parking Spaces | 14 |
| Sewers | Municipal sewage system |
| Water | Municipal water |
Listing Office: AVENUE NORTH REALTY INC.
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