7.83% Cap Rate- Turnkey 5-Unit Semi- Detached Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits, offering $400,000 in recent capital improvements from top to bottom. 2- 2 Bedroom, 1- 1Bedroom 1- Studio + Den & 1- Studio. The property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,196, this property offers a solid return in a market where stability and performance matter. Landlord covers all utilities except for laundry & internet. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you won't want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
2500-3000
Lot Depth:
123'11¾"37.8 m
Lot Frontage:
34'10.4 m
Topography:
Flat
Direction Faces:
West
Bedrooms:
4+2
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Kitchens in Basement:
2
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Kitchens Above Grade:
3
Rooms Above Grade:
13
Rooms Below Grade:
7
Zoning:
AM10(2199)AM10(1211)5228
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete, Block
Roof:
Asphalt Shingle
Basement:
Apartment, Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available, Private
Parking Spaces:
7
Total Parking Spaces:
7.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
In Addition To
Taxes:
$3,703 /
2024
Assessment:
$- /
-
Ottawa
Overbrook - Castleheights and Area
3502 - Overbrook/Castle Heights
Public Transit, Rec./Commun.Centre
Carpet Free, Upgraded Insulation, Water Heater Owned, Sump Pump
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.