48-52 Lavergne Street Ottawa, Ontario K1L 5G3

Central Air Conditioning Forced Air


Attention investors! This four-unit investment property will not last long! Recent tenant turnover (2023), current rental market conditions, and recent renovations have made this even more attractive for any investor’s portfolio! This well-maintained property is located in one of Ottawa's trendiest neighbourhoods of Beechwood Village! 48-52 Lavergne St features a three-bedroom main floor apartment, plus three one-bedroom units. Fully occupied GOI $57k, total expenses $14k, NOI $43K. With additional tenant turnover, the NOI is anticipated to continue to grow beyond $70K annually- watch your investment soar throughout the years! Rental applications will soon be sought to fill the current spacious upstairs apt. Do not delay, book your viewing today. ATTACHED IS THE FULL FINANCIAL ANALYSIS AND INFO. 48-hour irrevocable on all offers. (id:37464)

Property Details

MLS® Number 1332779
Property Type Multi-family
Neigbourhood Beechwood Village
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 3


Basement Development Finished
Basement Type Full (finished)
Constructed Date 1955
Construction Style Attachment Attached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Siding
Fireplace Present No
Flooring Type Mixed Flooring, Hardwood, Laminate
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water




Acreage No
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 50 Ft
Size Irregular 50 Ft X 100 Ft
Size Total Text 50 Ft X 100 Ft
Zoning Description R4ua


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