Property TypeVacant Land | Lot Size0.08 acres |
Keep as an 8 unit and develop later using the CASH FLOW for the Development costs!!!! PERFECT for a long-term investor and someone who wants to build in 10 years - ZONING CODE is R4UA-c !!! FIRE RETROFIT and fire prevention system installed. Across the street from a school and a short walk to two grocery stores, public transit, and parks. INVESTMENT OPPORTUNITY... This is an 8-UNIT (3 units confirming and 5 non-confirming) APARTMENT Building. All units are self-contained with their own bathroom (8 total) and kitchen (8 total). Current owner for 30 years. Looking to retire. There are 2-2bedrms, 1-1bedrm, 5 bachelors with a Net Operating Income of $54,784.00/yr (not incl Maintenance and Mgmt). LOTS to offer here at an UNBEATABLE Return on Investment! Seller is looking for buyers with 30% downpayment+, CASH BUYERS preferred. ***Please drive by/walk the outside BEFORE booking a viewing to the inside; to respect and not disturb the tenants.*** RENT ROLL AVAILABLE - no seller financing (id:42045) |
OwnershipFreehold | TransactionFor sale |
Zoning DescriptionResidential |
Bathrooms (Half)0 | Bathrooms (Total)0 |
Utility WaterMunicipal water |
Size Total0.08 ac | Size Frontage50 ft |
SewerMunicipal sewage system | Size Depth70 ft |
Size Irregular0.08 |
Listing Office: RE/MAX HALLMARK REALTY GROUP
Data Provided by Ottawa Real Estate Board
Last Modified :23/03/2021 04:11:47 PM
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