Ottawa Realtor Michele Xu

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222 DESCHAMPS AVENUE

Ottawa, Ontario K1L5Y9

$899,900 for sale

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MLS®:
X12029893
Contract Days:
36
Community:
Ownership:
Property Type:
Other
Total Size:
57 x 64 FT
Built Date:
Parking:
2
Bedrooms:
6+
Bathrooms:
6
Interior Features
Construction Style:
Total Stories:
2
Total Bedrooms:
6
Bedrooms Above Ground:
6
Bedrooms Below Ground:
Total Bathrooms:
6
Whole Bathrooms:
6
Half Bathrooms:
Basement Type:
N/A (Finished)
Basement Development:
Finished
Appliances:
Dryer, Stove, Washer, Refrigerator
Exterior Features
Built Date:
Exterior Finish:
Stucco
Foundation Type:
Unknown
Utitilies
Heating Type:
Radiant heat
Heating Fuel:
Natural gas
Cooling Type:
Utility Water:
Municipal water
Sewer:
Sanitary 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)

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