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2 Unit Building For Sale In Ottawa
Listing Details
Subtype: Duplex
Year built: 1983
Units: 2
Zoning: R2C
Parking spaces: 5
Floors: 1
Beds: 6
Lot Size: 5,486.4 Sq Ft
Financial Details
Net operating income: $32,858
Percent leased: 100%
Description
2-unit building! 1.1 km to Rapid Bus transit + future LRT! TURN KEY for Investors OR ideal for a Home owner who wants a basement apartment to help PAY YOUR MORTGAGE. Doors are side by side and completely separate entrances. High-ranch Bungalow was RENO'D top to bottom with a legal Secondary Dwelling Unit in the basement - property is zoned R2C. Features include New: Kitchens, bathrooms, flooring, paint, HEATING SYSTEM more! The heating system is Gas boiler with high efficiency, which also heats the water, very cost effective. Building is currently occupied by tenants. INCOME: Top floor: $1972.38/mo and tenants are month to month - Basement apartment - $1800/mo on lease until March 31, 2022. TOTAL GROSS INCOME: $45,268.56/yr. (Property manager in place for new owners, if desired) Start 2022 w/ a new investment for present gain and FUTURE RETIREMENT! *Offers presented on Monday, Jan 17th at 3pm but seller reserves the right to review + accept pre-emptive offers. 24hrs irrev on offers.
Location & nearby
This listing is located in Ottawa, ON K2J 1Z5
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