95/97 CONCORD STREET N Active Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K1S0Y7
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Sandy Hill
MLS Listing ID 1391393
Originating Board Ottawa Real Estate Board
Year Built 1877
Property Description
Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:24570)
Location
Province ON
Interior
Heating Hot water radiator heat,Radiant heat
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold