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RLP Team Logo Black & Red ()

259 BRADLEY AVENUE
Ottawa, Ontario K1L7E8

$649,900

ID# 1382731

ABOUT THIS PROPERTY


Attention Developers, Investors and First-time Buyers!! OPPORTUNITY FOR QUICK 46% ROI - ASK FOR DETAILS. Duplex with ADDITIONAL 3rd unit on massive 66 x 95 ft lot. 2 lots for the price of 1!! Take advantage of the new federal government (GST) rebate on new qualifying rental. Just a short 10-minute drive to downtown Ottawa. Property zoned R4UA which offers plenty of development options. Draft concept for 8 unit development options available for review. All 3 units consist of 2 bedrooms and 1 bathroom. Unit 3 features balcony while unit 2 offers walk-out deck in rear. Parking for all 3 units. Rents are significantly below market value. Unit 1 currently left vacant, Unit 2 $1,295 + hydro, and Unit 3 $836 + hydro. On turnover, with a quick refresh, rents can be increased substantially. (id:25961)

PROPERTY DETAILS


Year Built 1950
Cooling Type None
Flooring Type Hardwood, Laminate
Heating Type Hot water radiator heat, Radiant heat
Heating Fuel Natural gas
Stories Total 2

Property Type


Multi-family
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: March 21, 2024

On market: 37 days

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