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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