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95/97 CONCORD STREET N
Ottawa, Ontario K1S0Y7

$1,850,000

ID# 1391393

ABOUT THIS PROPERTY


Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:25961)

PROPERTY DETAILS


Year Built 1877
Heating Type Hot water radiator heat, Radiant heat
Heating Fuel Natural gas
Stories Total 2

Property Type


Multi-family
Courtesy of CENTURY 21 SYNERGY REALTY INC
Listed on: May 14, 2024

On market: 5 days

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