226 Second Avenue Ottawa, Ontario K1S 2H7
$1,790,000
TROPHY SIX-PLEX INVESTMENT IN THE HEART OF GLEBE ON A FULL-SIZE LOT. Pride of ownership is reflected inside and outside. This great investment has been very well managed and cared for by a proud owner who wants to hand over the reins to the next proud owner. Updated and Upgraded over the years of ownership. Four apartments are two-bedroom (The second bedroom is relatively small) and two one-bedroom units. Some units have balconies on both sides. Six parking spots with a drive-in lane from Second Ave and a full exit on Lyon St South. Some tenancies are long-term. About a 17% upside in rents if rented at the market rates; as of today. Very accommodating and friendly residents. Separate storage areas for all units with a common space for bikes and other tenant belongings. 2 furnaces, 7 Hydro meters, and a common water meter. Add to your Portfolio today! As per Form, 244 offers no conveyance of offers before 3 pm March 20th. No pre-emptive Offers, please. FYI 2022 Appraisal at $ 2.150 M (id:37464)
Property Details
| MLS® Number | 1332045 |
| Property Type | Multi-family |
| Neigbourhood | GLEBE |
| Parking Space Total | 6 |
Building
| Constructed Date | 1904 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 103 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 Ft X 103 Ft |
| Size Total Text | 50 Ft X 103 Ft |
| Zoning Description | R3p |
https://www.realtor.ca/real-estate/25336921/226-second-avenue-ottawa-glebe
Sales Representative
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March 09 2023 12:11:04
Ottawa Real Estate Board
Royal LePage Team Realty