Active

135 CONCORD STREET S

Ottawa Ontario, K1S0Z3

C$2,600,000


Active

Residential

 Courtesy of KELLER WILLIAMS INTEGRITY REALTY 

Substantially rebuilt 9-unit apartment building located within walking distance of Ottawa University Lee's Campus, Main Campus, and St Paul's University campus. Largely rebuilt down to the studs in 2019 from the basement to the roof. The long list of work included concrete repair, membrane around the foundation, plumbing infrastructure with water submeters for all units, electrical, upper roof, tankless boiler, radiators, windows, fire alarm system, asphalt, appliances, and completely remodeled units. All tenants pay for electricity and water in addition to their rent. Paid parking and coin laundry. Heating is a central tankless boiler system with high-efficiency radiators. All rents are currently quite below the market value giving the successful buyer a substantial upside opportunity. Tenants are a mix of students and young professionals. Rarely available, this is a long-term legacy investment opportunity for you and your family. No vendor mortgage is available. (id:41202)

X9519069

MLS ID

December 1, 2024

Updated

Map

135 CONCORD STREET S
Ottawa Ontario, K1S0Z3

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot water radiator heat

Exterior/Building Features

Sewer

Sanitary sewer

Other Property Details

Garage

No


Parking Total

7


View

No


Pool

No

Courtesy of KELLER WILLIAMS INTEGRITY REALTY

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