388 Chapel Street Lower Town - Sandy Hill (4004 - Sandy Hill), Ontario K1N 7Z6
$4,295,000
Welcome to 388-390 Chapel, a rare & unique opportunity to add one of Ottawa’s most lucrative & turn key investments located in Popular Sandy Hill to your portfolio. This 6 unit building has been completely transformed in 2021 and offers 2x 5bed, 2x 4bed & 2x 3 bed units for a total of 24 beds. All units are equipped with in unit laundry, are fully furnished & are inclusive of utilities. All units have separate hydro metres which can reduce expenses on new leases. Combination of high quality finishes & appliances, premium furniture and an ideal location just steps to Ottawa University, Srathcona Park, Ottawa River, Rideau Centre, transit & easy access to the Byward Market makes this an ideal fit for all tenants. Rarely any vacancies & always in high demand, don’t miss your chance at this wonderful investment opportunity. Smart locks to all units & Security cameras included. Matterport 3D tours of all units, floorpans & more available upon request. (id:37464)
Property Details
| MLS® Number | X9515908 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Community Name | 4004 - Sandy Hill |
| Parking Space Total | 1 |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Type | Forced Air |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 73 Ft ,3 In |
| Size Frontage | 52 Ft ,5 In |
| Size Irregular | Unit=52.44 X 73.32 Ft ; 0 |
| Size Total Text | Unit=52.44 X 73.32 Ft ; 0 |
| Zoning Description | R4ub |
Sales Representative
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November 27 2024 02:34:33
Ottawa Real Estate Board
Engel & Volkers Ottawa