222 DESCHAMPS AVENUE Active

Ottawa,ON K1L5Y9

$ 999000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Vanier

MLS Listing ID 1409380

Originating Board Ottawa Real Estate Board

Property Description

INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012. (id:24570)

Location

Province ON

Interior

Heating Radiant heat

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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