Forced Air
$1,200,000
This property offers 5 apartment units and is situated on a spacious 100x100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. Main house could be used by buyer ($2800) and still have 4 other incomes from other units. The property's advantageous location offers convenience and accessibility. It is in close to parks, public transit, Walmart, South keys shopping centre and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don't miss out on this exceptional investment opportunity. (id:49712)
Property Details
MLS® Number | 1399101 |
Property Type | Multi-family |
Neigbourhood | South Keys |
Community Name | Gloucester |
Parking Space Total | 5 |
Building
Constructed Date | 1968 |
Exterior Finish | Brick, Siding |
Foundation Type | Poured Concrete |
Heating Fuel | Electric |
Heating Type | Forced Air |
Stories Total | 2 |
Utility Water | Municipal Water |
Land
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 105 Ft |
Size Frontage | 97 Ft |
Size Irregular | 97 Ft X 105 Ft |
Size Total Text | 97 Ft X 105 Ft |
Zoning Description | R4z |
https://www.realtor.ca/real-estate/27102448/1422-goth-avenue-ottawa-south-keys