95/97 Concord Street,Glebe - Ottawa East and Area, ON K1S 0Y7
Glebe - Ottawa East and Area, ON K1S 0Y7
Description
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 cap rate of over 6% 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 newer 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.
Details
| MLS# | X12067049 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Days On Site | 19 |
| Listing Provided By | CENTURY 21 SYNERGY REALTY INC | X12067049 485600 |
Features
| SQ Feet | 6,512 |
|---|---|
| Acreage | 0.15 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Ottawa |
| City | Glebe - Ottawa East and Area |
| Postal Code | K1S 0Y7 |
| Area | 4408 Ottawa East |
| Listing VS Median (in K1S 0Y7) | |
Price: $1,600,000 low | high Med: $1,600,000 SqFt: 6,512 low | high Med: 6,512 $ / SqFt: $246 low | high Med: $246 On site: 19 low | high Med: 19.000000 | |
