ACTIVE

184 Murray Street Ottawa, Ontario K1N 5M8

$999,900
8 Beds 4 Bath 2,500 - 3,000 ft<sup>2</sup> Wall UnitForced Air
Welcome to 184 Murray Street a rare, fully renovated freehold fourplex located just steps from the pulse of Ottawa's historic Lower Town and the ever-bustling Byward Market. This cash-flow-ready property offers a unique opportunity for savvy investors to secure a premium asset in one of the city's most dynamic and desirable urban hubs. This building is primed to deliver both immediate returns and long-term value. This exceptional property includes four vacant, fully renovated units: two generously sized 3-bedroom apartments and two stylish 1-bedroom units a total of 8 bedrooms. Whether you aim to attract top-quality tenants at todays strong market rents or explore the lucrative potential of short-term rentals (Airbnb), this investment gives you full flexibility. Furnishings are optional the seller is open to including all furniture, streamlining the setup for Airbnb or executive rentals. Extensive, high-quality renovations have been completed throughout the property. All units feature brand-new ductless A/C and heating systems, new flooring in three units (tile and durable laminate), four fully updated kitchens with new plumbing and appliances, and four modern bathrooms with new water and drain lines. Additional upgrades include a new laundry room, modern LED lighting, all new interior doors, casings, and fresh paint throughout. Safety and efficiency are top-tier with fire-rated doors, interconnected smoke/strobe detectors, and a new 400-amp hydro service with 5 separate meters. The property also includes four private parking spots (approx. $150/month each), adding up to an extra $600/month. Close to transit, shopping, restaurants, and the University of Ottawa, this property offers enduring appeal and strong rental growth. Photos shown are of Unit 4 (1 Bed, 1 Bath). (id:28469)
Property Details
MLS® Number
X12794932
Property Type
Multi-family
Neighbourhood
Byward Market
Community Name
4001 - Lower Town/Byward Market
Equipment Type
Water Heater
Parking Space Total
7
Rental Equipment Type
Water Heater
Building
Bathroom Total
4
Bedrooms Above Ground
8
Bedrooms Total
8
Appliances
Dishwasher, Dryer, Microwave, Oven, Washer, Refrigerator
Basement Type
None
Cooling Type
Wall Unit
Exterior Finish
Brick
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
3
Size Interior
2,500 - 3,000 Ft<sup>2</sup>
Type
Fourplex
Utility Water
Municipal Water
Parking
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
105 Ft
Size Frontage
33 Ft ,1 In
Size Irregular
33.1 X 105 Ft
Size Total Text
33.1 X 105 Ft
Zoning Description
Residential R4
Rooms
Neighbourhood
Private Viewing & Info

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Todd Gingras
Salesperson

(613) 897-4227

Exp Realty
255 Michael Cowpland Drive
Ottawa, Ontario K2M 0M5

(613) 733-9494
(647) 849-3180

Erika Gingras
Salesperson

(613) 897-4665
www.ottawaonhomes.com/

Exp Realty
255 Michael Cowpland Drive
Ottawa, Ontario K2M 0M5

(613) 733-9494
(647) 849-3180