7200 sqft
Partially Air Conditioned
Other
$3,549,000
Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.76 Cap Rate when fully rented) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented for $2,800 and bottom unit presently owner occupied with an estimated rental income of $2,900 per month. Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs of $168,927.00. (id:61872)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X11980773 |
Property Type
|
Multi-family |
Neigbourhood
|
Quarry Glen |
Community Name
|
4204 - West Centre Town |
Amenities Near By
|
Public Transit |
Parking Space Total
|
15 |
Building
Appliances
|
Dishwasher, Dryer, Water Heater, Stove, Washer, Refrigerator |
Cooling Type
|
Partially Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Interior
|
7200 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Public Transit |
Size Depth
|
99 Ft |
Size Frontage
|
104 Ft ,4 In |
Size Irregular
|
104.38 X 99 Ft |
Size Total Text
|
104.38 X 99 Ft |
Zoning Description
|
Tm [2214] |
https://www.realtor.ca/real-estate/27934759/258-260-262-264-bronson-avenue-s-ottawa-4204-west-centre-town