Purpose built 6-unit building in an outstanding location. Great unit split with 4 x 2 bedroom units with balconies, 1 x 1 bedroom and 1 bachelor, 3 parking spaces. Short walk to everything Bank street has to offer and picturesque Rideau River. Well kept building with many renovations over the years including some bathrooms, kitchens, flooring. Furnace and Fire retrofit 2016, great tenants and very easy management. Upside in rents on tenant turnover. Gross Income: $98,640.00, Total Expenses: $30,856.80, Net Operating Income: $67,783.20 **EXTRAS** Common area, mechanical room, storage room and laundry available.
MLS# | X11942267 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Price Change |
Days On Site | 89 |
Listing Provided By | ROYAL LEPAGE TEAM REALTY | X11942267 506806 |
SQ Feet | 2,500 |
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Acreage | 0.06 |
Province | ON |
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County | Ottawa |
City | Glebe - Ottawa East and Area |
Postal Code | K1S 0W4 |
Area | 4404 Old Ottawa South | Rideau Gardens |
Listing VS Median (in K1S 0W4) | |
Price: $1,649,900 low | high Med: $1,649,900 SqFt: 2,500 low | high Med: 2,500 $ / SqFt: $660 low | high Med: $660 On site: 89 low | high Med: 89.000000 |