241 Fifth Avenue Ottawa, Ontario K1S 2N1
$2,750,000
Discover a rare opportunity to own an updated fourplex in The Glebe, one of Ottawa's most sought-after areas. This property presents investors a chance to capitalize on its prime location and modern updates. Each unit is beautifully renovated, ensuring attractive living spaces that appeal to tenants seeking comfort and style. Two units are currently leased under master leases, providing stable income, and there's an opportunity to lease the remaining two units at market rates. Ample parking further enhances income potential in this centrally located neighborhood. Renowned for its vibrant community, eclectic mix of shops, cafes, and proximity to parks and recreational facilities, the location ensures high demand from tenants looking for both convenience and quality of life. Expand your portfolio with this smart investment choice and don't miss this prime real estate opportunity. Schedule your viewing today! (id:49712)
Property Details
| MLS® Number | 1398905 |
| Property Type | Multi-family |
| Neigbourhood | Glebe |
| AmenitiesNearBy | Public Transit, Recreation Nearby, Shopping |
| CommunicationType | Internet Access |
| Features | Balcony |
| ParkingSpaceTotal | 6 |
Building
| Amenities | Furnished |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1914 |
| ConstructionStyleAttachment | Attached |
| CoolingType | Wall Unit, Air Exchanger |
| ExteriorFinish | Brick, Stucco |
| Fixture | Drapes/window Coverings |
| FlooringType | Hardwood, Laminate, Tile |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 3 |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| LandAmenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 102 Ft ,10 In |
| SizeFrontage | 49 Ft ,11 In |
| SizeIrregular | 49.94 Ft X 102.87 Ft |
| SizeTotalText | 49.94 Ft X 102.87 Ft |
| ZoningDescription | Residential |
https://www.realtor.ca/real-estate/27083139/241-fifth-avenue-ottawa-glebe
2934 Baseline Rd Unit 402
Ottawa, Ontario K2H 1B2
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July 02 2024 02:12:15
Ottawa Real Estate Board
Unreserved Brokerage
