147 ETHEL STREET

Ottawa, Ontario K1L5X3

$559,000

ID# 1274344
Attention all investors, contractors, builders; super opportunity to hold, renovate or rebuild on this centrally located duplex. The main floor unit has 3 bedrooms and is rented month to month for $1,325 plus hydro. The basement unit has 3 bedrooms and is rented for $1,895 plus hydro (lease started 1 June 2021). The property has 2 hydro meters and is heated with electric baseboards. The R4UA zoning allows for many development opportunities. It is located 10 minutes to downtown Ottawa, close to public transportation, recreation and amenities. Annual gross income $38,640. Expenses for 10 months in 2021: Management $1,199, Taxes $4,130, Insurance $1,667, Maintenance $641, Lawn $125. Property is being sold "AS IS and WHERE IS". 24 hours notice for showings and 24 hours irrevocable on all offers. Room sizes are approximate. Also listed under MLS 1273669. (id:25961)
Courtesy of EXIT REALTY MATRIX

Listed on: January 04, 2022

On market: 16 days
Bathroom Total 2
Bedrooms Total 6
Half Bathrooms Total 0
Year Built 1950
Cooling Type None
Flooring Type Wall-to-wall carpet, Mixed Flooring, Hardwood
Heating Type Baseboard heaters
Heating Fuel Electric
Primary BedroomBasement12'1" x 9'9"
BedroomBasement11'8" x 8'9"
BedroomBasement11'7" x 7'5"
KitchenBasement12'6" x 10'9"
4pc BathroomBasement7'5" x 5'
Primary BedroomMain level12'3" x 9'8"
BedroomMain level11'9" x 9'
BedroomMain level11'3" x 10'9"
KitchenMain level14'9" x 11'3"
4pc BathroomMain level7' x 5'