Radiant Heat
$999,000
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:49712)
Property Details
MLS® Number
|
X9518113 |
Property Type
|
Multi-family |
Neigbourhood
|
Vanier |
Community Name
|
3402 - Vanier |
ParkingSpaceTotal
|
1 |
Building
BasementDevelopment
|
Finished |
BasementType
|
Full (finished) |
ExteriorFinish
|
Stucco |
HeatingFuel
|
Natural Gas |
HeatingType
|
Radiant Heat |
Type
|
Multi-family |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
SizeDepth
|
64 Ft ,3 In |
SizeFrontage
|
56 Ft ,10 In |
SizeIrregular
|
Unit=56.91 X 64.26 Ft ; 1 |
SizeTotalText
|
Unit=56.91 X 64.26 Ft ; 1 |
ZoningDescription
|
R4e |
https://www.realtor.ca/real-estate/27358974/222-deschamps-avenue-ottawa-3402-vanier