$1,395,000
FOR SALE

Fourplex

Lot: 52.92 x 98.5 ft

1387-1389 Raven Avenue
Ottawa, ON K1Z 7Y5 | Carlington

Welcome to your newest investment opportunity in the heart of Carlington! This stunning 4-unit multiplex offers a blend of convenience, comfort, and income potential. Strategically located, this property boasts easy access to all amenities, making it a sought-after residence for tenants. This multiplex features two spacious 3-bedroom, 1-bathroom units occupying the main and upper floors. The tastefully updated interiors elevate the living experience, ensuring tenants feel right at home. Additionally, the property includes two cozy and updated 1-bedroom, 1-bathroom basement apartments. With their own private entrances, these units offer tenants the privacy and comfort they desire. Currently, three of the four units are rented at market value, offering immediate income generation for savvy investors, 5.5% cap rate! Schedule a viewing today and unlock the potential of this remarkable investment property! (id:47421)
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Listed By UNRESERVED Brokerage
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1379614
Last Updated Apr 24, 2024
Property Summary
Property Type Fourplex

More like this:
Neighbourhood Carlington
Price History

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Detailed Information
Lot 52.92 x 98.5 ft
Amenities Nearby Public Transit, Recreation Nearby, Shopping
Lease Type Other, See Remarks
Listing Contract Date 2024-03-22
Municipal ID 040010053
# of Parking Spaces 4
Property Type Multi-family
Transaction Type For sale
Zoning Description R2H
Building
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1950
Construction Style (Attachment) Attached
Cooling Type None
Exterior Finish Brick
Flooring Type Hardwood, Laminate, Ceramic
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Fourplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Surfaced
Tandem
Land
Total Size 52.94 ft X 98.46 ft
Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal sewage system
Size of Irregular Land 52.94 ft X 98.46 ft
External Links

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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