382 BRANT STREET Active

Ottawa,ON K1L6V6

$ 1070000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Castle Heights

MLS Listing ID 1389797

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 & 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 separate 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% cap rate today for well below the cost to acquire land, pay development/permit fees & 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

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