305 WAVERLEY STREET
Ottawa, Ontario K2P0V9

$2,999,000

ID# 1392598
Rarely offered 9-unit investment property in Ottawa's central neighborhood! This multi-family building consists of 4 two-bedroom units, 3 one-bedroom units, and 2 bachelor units. All these spacious units feature hardwood floors, high ceilings, and plenty of character, providing ample opportunity for rent increases. The building offers stable cash flow and investment income, with current below-market rents presenting an opportunity for increased returns. All tenants are responsible for their hydro. The property boasts 9 hydro meters, 9 rented HWTs, a rented natural gas boiler with radiators, and a shared laundry in the basement with coin-operated washer and dryer. Additionally, there are 9 surface parking spaces at the front and back of the property. The site area spans over 5,800 square feet of highly valuable downtown development land. Conveniently located minutes away from the Museum of Nature, a short walk to Downtown, the Canal, and the Glebe, grocery stores, banks, and parks. (id:25961)

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Courtesy of ROYAL LEPAGE TEAM REALTY

Listed on: May 17, 2024

On market: 113 days
Year Built 1927
Stories Total 3

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Deb Burgoyne

REALTOR®

Royal LePage Team Realty

1723 Carling Avenue

Ottawa K2A 1C8

Phone: 613.725.1171

Call Deb Today

613.725.1171

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