CALLING ALL INVESTORS and DEVELOPERS!! Fourplex with good income and plans for an 8 Unit Build with close to 300K gross income Included! Separate Hydro Meters for each unit, 4 PARKING SPACES, tons of potential. Updated Kitchens and bathrooms, amazing location next to ByWard Market, Rideau St, new LRT station, close to all shopping, entertainment and amenities the market has to offer. Amazing development opportunity, or long term buy and hold in one of the best and most solid areas in Ottawa. Currently generating 73K gross income per year. VTB Available. (id:28469)
Facts & features
Property
MLS® Number
X13602200
Property Type
Multi-family
Community Name
4002 - Lower Town
Parking Space Total
4
Building
Bathroom Total
4
Bedrooms Above Ground
6
Bedrooms Total
6
Appliances
Water Heater
Basement Development
Unfinished
Basement Type
N/a (unfinished)
Cooling Type
None
Exterior Finish
Stucco, Vinyl Siding
Foundation Type
Block, Concrete
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Type
Fourplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
99 Ft
Size Frontage
39 Ft ,6 In
Size Irregular
39.5 X 99 Ft
Size Total Text
39.5 X 99 Ft
Zoning Description
R4ud
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.