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62-64 Cobourg Street, Ottawa, Ontario, K1N 8G8

MLS® # 1245607

For sale in ottawa, Ontario
$985,000
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None Baseboard Heaters

Attention Investors- A fantastic opportunity to purchase a manageable building with a healthy cash flow in the heart of lower town. Fourplex building with each unit respectable in size and condition. No issue with vacancy. Desirable area for tenants with close proximity to Ottawa U, Transit in a rejuvenated neighbourhood. Two - 2 bedroom units s and Two -1 Bedroom units with good rent roll. Roof 2008, Windows 2010. The building is low maintenance with fantastic tenants. Cap rate just above 5% which is rare. A perfect building to add to your portfolio or for first-time investors. (id:37464)

Property Details

MLS® Number 1245607
Property Type Multi-family
Neigbourhood MacDonald Gardens
Amenities Near By Public Transit, Recreation Nearby, Water Nearby
Parking Space Total 1

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1900
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Siding
Fireplace Present No
Flooring Type Hardwood, Tile, Vinyl
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Type Fourplex
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Current Use Development Residential
Land Amenities Public Transit, Recreation Nearby, Water Nearby
Sewer Municipal Sewage System
Size Depth 66 Ft
Size Frontage 33 Ft
Size Irregular 33 Ft X 66 Ft
Size Total Text 33 Ft X 66 Ft
Zoning Description R5l H(18) F ( 2.0)

https://www.realtor.ca/real-estate/23293745/62-64-cobourg-street-ottawa-macdonald-gardens

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