114 CAMBRIDGE STREET N

Ottawa, Ontario K1R7A7

$1,399,000

ID# 1264641
Exceptional - Fully Updated - Fourplex Investment Opportunity in West Centretown! Effective Gross Income $72,120. Net Operating Income $58,700. One - Bachelor Unit, One - 1 Bed Unit, Two - 2 Bedroom Units. Five hydro meters. Most recent major updates: In 2021: Fire Services Compliance Inspection, Sprinkler System service and inspection. In 2020: New municipal water supply and sewer line to property from street mains. In 2017: Roof membrane/ shingles. In 2013: New all plumbing supply, drains and venting, New boiler, supply lines and rads, All insulation- Attic, exterior walls blown-in, basement spray foam, New electrical service, meters, panels and complete re-wiring throughout building, All exterior windows and doors replaced. Other highlights: June 2021 Fire Services Inspection and Compliance letter on file, Updated Kitchens and Bathrooms, Great tenants, Great street with city traffic calming features. Two Parking spots, coin-op laundry. Zoning RU4 UB. Min 24 hr notice for tenants pls (id:25961)

Phil Cote
Sales Representative


office: 613.692.2555
cell: 613-299-5388
Visit Phil's Website

Listed on: October 01, 2021

On market: 16 days
Bathroom Total 0
Half Bathrooms Total 0
Year Built 1915
Cooling Type None
Flooring Type Wall-to-wall carpet, Hardwood, Ceramic
Heating Type Hot water radiator heat, Radiant heat
Heating Fuel Natural gas
Stories Total 2