$1,695,000

Investment For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario

$1,695,000

Property Information:

Huge lot! This perfect Hintonburg location tri-plex investment and development property. $107,000 gross income, ~$87000 net. Strong ~5.2% cap rate. Unlike other buildings all the major interior/exterior updates and utility replacement expenses ($350k) have been completed in last few years ! Rear build zone is ~75x50ft. Enjoy an updated, excellent cash flow property to keep it while you plan the expansion. Currently the building has 6 parking spots. All 3 units have their own private outdoor patios! Garage has 3 units - 1 double - 1single and man door storage. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Type: Full
  • Exterior Finish: Brick, Stucco
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Concrete
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Appliances: Dishwasher, Dryer, Microwave, Hood Fan

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5+1
  • Bathrooms: 3
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: School Bus
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 124 Feet
  • Lot Frontage: 50 Feet
  • Lot Size: 50 x 124 FT
  • Surface Water:
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage, Covered
  • No. of Parking Spaces: 9

Courtesy of: COMFREE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.