Ottawa Realtor Michele Xu

Call us

(613) 804-9999

Free estimation

Click here

222 DESCHAMPS AVENUE

Ottawa, Ontario K1L5Y9

$899,900 for sale

Free Estimation
Contact Us
MLS®:
X11919049
Contract Days:
104
Community:
Ownership:
Property Type:
R4AU Multi-Family
Total Size:
Bldg=56.91 x 64.26 FT
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
Interior Features
Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Dryer, Stove, Washer, Refrigerator
Exterior Features
Built Date:
Exterior Finish:
Foundation Type:
Utitilies
Heating Type:
Hot water radiator heat
Heating Fuel:
Natural gas
Cooling Type:
Utility Water:
Municipal water
Sewer:
Total Fireplaces:
Type
Level
Size

Note

INVESTMENT OPPORTUNITY! Six-unit apartment building in a great central location close to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All units are spacious 1-bedroom apartments. Current rents: Apt. 1 - $1,010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1,350 (recently re-rented at market rate), Apt. 6 - $885. Rents are below market value for all units except Unit 5, which was recently rented at market rate. The other units are similar in size and layout. Seven hydro meters- 5 of the tenants pay for their hydro. Coin laundry in the basement (currently not in use). The building needs TLC, but has enormous potential to be a great addition to any investor's portfolio. Major upgrades: New roof (2012), Gas boiler (2012). (id:19004)

Disclaimer



This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.