Active
95/97 CONCORD STREET N
Ottawa Ontario, K1S0Y7
C$1,800,000
Active
Residential
Built in 1877
Courtesy of CENTURY 21 SYNERGY REALTY INC
Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:41202)
1391393
MLSⓇ ID
October 2, 2024
Updated
Map
95/97 CONCORD STREET N
Ottawa Ontario, K1S0Y7
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Hot water radiator heat, Radiant heat, Natural gas
Exterior/Building Features
Sewer
Municipal sewage system
Other Property Details
Garage
No
Parking Total
7
View
No
Pool
No
Listing History
Date | Event | Price |
---|---|---|
7/25/2024 | Price change | $1,800,000 -3% |
Courtesy of CENTURY 21 SYNERGY REALTY INC
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