382 Brant Street Ottawa, Ontario K1L 6V6
$1,070,000
Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers. (id:37464)
Property Details
| MLS® Number | 1419981 |
| Property Type | Multi-family |
| Neigbourhood | Castle Heights |
| Parking Space Total | 5 |
Building
| Constructed Date | 1959 |
| Cooling Type | None |
| Exterior Finish | Brick, Stucco |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 72 Ft ,6 In |
| Size Frontage | 57 Ft ,1 In |
| Size Irregular | 57.08 Ft X 72.47 Ft |
| Size Total Text | 57.08 Ft X 72.47 Ft |
| Zoning Description | R4ua |
https://www.realtor.ca/real-estate/27638735/382-brant-street-ottawa-castle-heights
Sales Representative
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November 11 2024 08:12:13
Ottawa Real Estate Board
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