Ottawa, ON K1K2R7,403 PEACH TREE LANE
Ottawa, ON K1K2R7,403 PEACH TREE LANE
Ottawa, ON K1K2R7,403 PEACH TREE LANE
Ottawa, ON K1K2R7,403 PEACH TREE LANE
Ottawa, ON K1K2R7,403 PEACH TREE LANE
Ottawa, ON K1K2R7,403 PEACH TREE LANE
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Viscount Alexander Park

MLS® Listing ID 1389135

Originating Board Ottawa Real Estate Board

Year Built 1959

Property Description

Turnkey triplex with significant upside. An additional third floor can be added under the current zoning and drawings for three additional bachelor units have been completed. The flat roof allows you to easily convert the property into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on the main level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional $275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rate of 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided for those interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs notice for showings due to tenants & 24 hrs irrevocable on all offers; as per form 244. Additional inclusions: 2 light fixtures in the basement. (id:24570)

Location

Province ON

Interior

Heating Baseboard heaters, Forced air

Cooling None

Flooring Hardwood, Laminate

Exterior

Garage No

Fence Fenced yard

Community Features Family Oriented

Waterfront No

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Lot Description Land / Yard lined with hedges

Story 2

Sewer Municipal sewage system

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Listed by RARE REAL ESTATE INC.
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+1(613) 867-6426

zoe@zoebrown.ca

Ottawa, ON, Canada

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403 PEACH TREE LANE