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Team Realty

194 AUGUSTA STREET

Ottawa, Ontario K1N8C3

$975,000

ID# 1298956
INVESTOR ALERT over 5% CAP Rate! Situated in the heart of Sandy Hill, this Semi-Detached Home yields a yearly rental income of approx. $82,000. Conveniently located within walking distance from grocery stores, drugstores, recreation, the University of Ottawa, and all the amenities of Rideau St. The lot includes both 194 Augusta and 196 Augusta, an up-and-down duplex, and a 6-bedroom home. 194 Augusta features two spacious 1-bedroom units and 196 Augusta has all 6-bedrooms fully rented. This lucrative investment has hardwood flooring throughout, as well as updated kitchens, windows, bathrooms, and wiring. Whether you're looking to occupy and renovate the 6-bedroom home and rent out the up-and-down duplex or rent out both 194 and 196 Augusta, this home is a worthwhile investment! No conveyance of offers until June 27th at 4:00PM. Seller will not entertain pre-emptive offers. (id:42873)
Courtesy of RE/MAX AFFILIATES R.THE SUSAN & MOE TEAM
Listed on: June 17, 2022

On market: 11 days
Bathroom Total 0
Half Bathrooms Total 0
Year Built 1910
Cooling Type None
Flooring Type Hardwood, Tile
Heating Type Hot water radiator heat
Heating Fuel Natural gas
Stories Total 2