74 Preston Street Ottawa, Ontario K1R 7N9

$549,000

Attention investors! This vacant duplex offers exceptional income potential and versatile options. Live in one unit and rent the other, or maximize your revenue by renting both. Recent updates include a new roof (2020) and a furnace replacement (2015), providing peace of mind for years to come. The second-floor one-bedroom unit is move-in ready, boasting a fully renovated kitchen and bathroom (2019), convenient in-unit laundry, and a window AC for added comfort. The main-floor three-bedroom unit is a blank slate, perfect for rental or renovation to suit your needs. Before tenant move-out (September 2024), the three-bedroom unit generated $2,095 in rent, while the one-bedroom unit brought in $1,654. Included: 2 fridges, 2 stoves, 2 washers, and 2 dryers. Flooring consists of hardwood, laminate, and mixed materials. Dont miss this fantastic investment opportunity in a highly desirable location! (id:49712)

Property Details

MLS® Number	X12026546
Property Type	Multi-family
Neigbourhood	Centretown West
Community Name	4204 - West Centre Town
Amenities Near By	Public Transit
Structure	Porch, Patio(s)

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Below Ground	1
Bedrooms Total	4
Amenities	Separate Electricity Meters
Basement Development	Partially Finished
Basement Type	N/a (partially Finished)
Exterior Finish	Brick
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters
Stories Total	2
Type	Duplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Public Transit
Sewer	Sanitary Sewer
Size Depth	74 Ft
Size Frontage	16 Ft ,3 In
Size Irregular	16.25 X 74.02 Ft
Size Total Text	16.25 X 74.02 Ft

https://www.realtor.ca/real-estate/28040470/74-preston-street-ottawa-4204-west-centre-town