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48 Bell Street N Ottawa, Ontario K1R 7C7

3 Bedroom 2 Bathroom
Fireplace Forced Air

$685,000

Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers. (id:35885)

Property Details

MLS® Number X11884075
Property Type Single Family
Community Name 4205 - West Centre Town
AmenitiesNearBy Public Transit, Park
Features Lane
ParkingSpaceTotal 2

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsTotal 3
Amenities Fireplace(s), Separate Electricity Meters
BasementDevelopment Unfinished
BasementType Crawl Space (unfinished)
ExteriorFinish Brick
FireplacePresent Yes
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Parking

Tandem

Land

Acreage No
LandAmenities Public Transit, Park
Sewer Sanitary Sewer
SizeDepth 71 Ft ,6 In
SizeFrontage 29 Ft ,9 In
SizeIrregular 29.75 X 71.5 Ft ; 0
SizeTotalText 29.75 X 71.5 Ft ; 0
ZoningDescription Residential

Rooms

Level Type Dimensions
Second Level Kitchen 3.1 m x 2.6 m
Second Level Living Room 3.6 m x 3 m
Second Level Bedroom 3.6 m x 3.5 m
Second Level Bedroom 4 m x 6.7 m
Second Level Laundry Room 1.5 m x 2 m
Main Level Kitchen 2.4 m x 2.628 m
Main Level Living Room 4.1 m x 4.4 m
Main Level Dining Room 5.2 m x 1.8 m
Main Level Bedroom 4.4 m x 2.8 m

https://www.realtor.ca/real-estate/27718678/48-bell-street-n-ottawa-4205-west-centre-town

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