$ 1,070,000
382 BRANT STREET Ottawa, ON K1L6V6
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$ 1,070,000
Est. payment | /mo
$ 1,070,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Castle Heights
MLS® Listing ID 1419323
Originating Board Ottawa Real Estate Board
Year Built 1959
Property Description
Updated and meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5 x stoves, 5 x fridges, 2 x dishwashers. (id:24570)
Location
Province ON
Interior
Heating Hot water radiator heat
Cooling None
Flooring Linoleum, Ceramic
Exterior
Garage No
Community Features Family Oriented
Waterfront No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by UPPABE INCORPORATED