11 Bedroom
5 Bathroom
3,500 - 5,000 ft2
Baseboard Heaters
$1,799,900
Fantastic investment opportunity! Well-positioned 6-UNIT building in a rapidly growing area, offering both steady income and future upside. Four units are currently occupied, two at market rents (renovated) and two with long-term tenants paying below-market rents, leaving room for increased returns. Two fully renovated units with modern finishes are vacant, allowing the new owner to set rents and select tenants. Additional income from coin-operated laundry and rentable on-site parking enhances cash flow. The property sits in a prime redevelopment area where older homes are being replaced with multi-unit projects, driving demand and property values. With a generous lot size and R4UC zoning, there is exciting potential for future development. This is a rare chance to acquire a stabilized asset with strong current income and significant appreciation potential ideal for investors seeking both stability and growth. Come see it today! (id:61594)
Property Details
|
MLS® Number
|
X12383772 |
|
Property Type
|
Multi-family |
|
Community Name
|
3502 - Overbrook/Castle Heights |
|
Amenities Near By
|
Public Transit, Hospital |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
6 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
11 |
|
Bedrooms Total
|
11 |
|
Appliances
|
Stove, Refrigerator |
|
Basement Features
|
Apartment In Basement |
|
Basement Type
|
N/a |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Stories Total
|
2 |
|
Size Interior
|
3,500 - 5,000 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Hospital |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
92 Ft |
|
Size Frontage
|
72 Ft |
|
Size Irregular
|
72 X 92 Ft |
|
Size Total Text
|
72 X 92 Ft |
https://www.realtor.ca/real-estate/28819613/484-queen-mary-street-ottawa-3502-overbrookcastle-heights
