Fully rented turn-key investment opportunity in the central location near the Civic Hospital. 12 spacious, bright, apartments, all with their own entrance. 8 indoor parking spaces and 4 outdoor parking spaces. Six bachelor 1 bath and six 1 bed,1 bath units. Minutes to downtown and Carleton U, on a quiet dead-end street. Units have balconies, good parking, newer Roof, Fire retrofitted, Excellent Tenants. Walking distance to transit, shopping, restaurants and everything that this vibrant community has to offer!! -10 units completely redone between 2010-2022 -New roof 2017 Abbot roofing -balconies redone 2017 -garage closed in and two gas heaters installed. 2015 -2 New boilers 2018 -Unit 1 renovated January 2022 -Balcony railings painted, balcony parging & garage door repair November 2022. Cap rate is 4.5% (id:47421)
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Detailed Information
Lot
60 x 96 ft
Listing Contract Date
2024-02-15
Management Company
SleepWell Management Company -
Municipal ID
040920142
Ownership Type
Freehold
# of Parking Spaces
12
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R4UB'
Building
Constructed Date
1970
Exterior Finish
Brick, Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Utility Water
Municipal water
Land
Total Size
60 ft X 96 ft
Sewer
Municipal sewage system
Size of Irregular Land
60 ft X 96 ft
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