382 BRANT STREET
Ottawa, Ontario K1L6V6

$1,070,000

ID# 1419323
Updated and meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5 x stoves, 5 x fridges, 2 x dishwashers. (id:25961)

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General Inquiry
Courtesy of UPPABE INCORPORATED
Listed on: November 07, 2024

On market: 0 days
Year Built 1959
Cooling Type None
Flooring Type Linoleum, Ceramic
Heating Type Hot water radiator heat
Heating Fuel Natural gas
Stories Total 2

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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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