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$ 999,000
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Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 3402 - Vanier
MLS Listing ID X12373000
Style 2-Storey
Annual Tax Amount $9,600
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Investment opportunity! solid brick 6-unit building fully rented offers a combination of 4 one bedroom and 2 two bedrooms with ample parking. Centrally located property with easy access to many amenities. Offers incredible flexibility for strong rental income. This solid well-maintained multi unit building offers a functional layout with plenty of room to grow, update, or create versatile living spaces. Positive cash flow and a solid cap rate based off market rent prices. Own a investment opportunity in sought-after Beechwood Village! Units are spacious & sunny. Potential for future development in a rapidly growing & changing area. Ideally located near parks, grocery stores, schools, transit routes, and only a short drive to downtown Ottawa, offers convenience, flexibility, and long-term potential. Short walk to Beechwood Village. Operating expense $25,800. Gross income of $119,940. NOI $94,140. Great CAP rate it can be a great addition to your retirement portfolio. One bedroom $1295. One Bedroom $1750. Two bedrooms $1900. One Bedroom $1800. Two bedrooms $1850. One bedroom $1400. Insurance is $600/month. Heat is $300/month. Hydro $500/month. Water $350/month. Maintenance is $400/month. A smart buy with long-term growth potential! 24 hr notice for showing. Book your showing today!
Location
Province ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Rooms
Family Room No
Basement Full, Finished
Kitchen 0
Interior
Interior Features Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Tar and Gravel
Lot Frontage 72.6
Total Parking Spaces 6
Building
Foundation Brick
Listed by RE/MAX AFFILIATES REALTY LTD.
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