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$1,395,000
Est. payment /mo
6 Beds
5 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000 - 3500
Square Footage 3,000 sqft
Price per Sqft $465
Subdivision 4402 - Glebe
MLS® Listing ID X13739076
Bedrooms 6
Property Description
A rare opportunity in the heart of the Glebe. This 2.5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa's most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5.56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime Glebe location. And plenty of potential. (id:24570)
Location
Province ON
Rooms
Kitchen 4.0
Extra Room 1 Second level 4.72 m X 3.66 m Living room
Extra Room 2 Second level 4.8 m X 3.43 m Kitchen
Extra Room 3 Second level 3.4 m X 3.15 m Bedroom
Extra Room 4 Second level 5.39 m X 3.76 m Living room
Extra Room 5 Second level 2.97 m X 2.54 m Bedroom
Extra Room 6 Third level 2.79 m X 2.18 m Dining room
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
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Listed by RE/MAX ABSOLUTE WALKER REALTY
NEARBY SCHOOL & BUSINESS
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