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222 Deschamps Avenue Ottawa, Ontario K1L 5Y9

Radiant Heat

$999,000

INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012. (id:35885)

Property Details

MLS® Number 1409380
Property Type Multi-family
Neigbourhood Vanier
Parking Space Total 1

Building

Exterior Finish Stucco
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 64 Ft ,3 In
Size Frontage 56 Ft ,11 In
Size Irregular 56.91 Ft X 64.26 Ft (irregular Lot)
Size Total Text 56.91 Ft X 64.26 Ft (irregular Lot)
Zoning Description R4e

https://www.realtor.ca/real-estate/27358974/222-deschamps-avenue-ottawa-vanier

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Right At Home Realty

September 03 2024 09:11:46

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