Rare opportunity to acquire a recently expanded and substantially renovated multi-unit investment property in the heart of Sandy Hill, just steps from the University of Ottawa. The property is currently configured as six rental suites comprising 18 bedrooms, including a mix of 2-bedroom, 3-bedroom and shared accommodation units catering to students and young professionals in one of Ottawa's strongest rental markets. Significant capital improvements have been completed in recent years, with additional opportunities to further stabilize income and optimize returns. Excellent walkability to the University of Ottawa, Rideau Centre, ByWard Market, LRT stations and downtown employment centres. An attractive opportunity for investors seeking a well-located asset with strong rental demand, upside potential and long-term growth prospects. Property being sold under Power of Sale. Current rent roll, leases and due diligence materials available to qualified purchasers. (id:49712)
| MLS® Number | X13441322 |
| Property Type | Multi-family |
| Community Name | 4003 - Sandy Hill |
| Parking Space Total | 5 |
| Bathroom Total | 9 |
| Bedrooms Above Ground | 18 |
| Bedrooms Total | 18 |
| Appliances | Water Heater - Tankless, Water Meter |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick, Steel |
| Foundation Type | Concrete, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 3,500 - 5,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft |
| Size Frontage | 33 Ft ,3 In |
| Size Irregular | 33.3 X 99 Ft |
| Size Total Text | 33.3 X 99 Ft |
| Zoning Description | N4b |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29900234/351-friel-street-ottawa-4003-sandy-hill
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Complete the form below to submit a tour request for this listing.
Complete the form below to submit a tour request for this listing.
Complete the form below to submit a tour request for this listing.
Complete the form below to request more info about this listing.
