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159 FRANK STREET

Ottawa, Ontario K2P0X4

$2,600,000 for sale



MLS®:
X12306932
Contract Days:
35
Community:
Ownership:
Property Type:
Other
Total Size:
49.3 x 89.1 FT
Built Date:
Parking:
7
Bedrooms:
11+
Bathrooms:
7
Interior Features

Construction Style:
Total Stories:
3
Total Bedrooms:
11
Bedrooms Above Ground:
11
Bedrooms Below Ground:
Total Bathrooms:
7
Whole Bathrooms:
7
Half Bathrooms:
Basement Type:
N/A (Finished)
Basement Development:
Finished
Appliances:
Water meter, Dishwasher, Hood Fan, Stove, Refrigerator
Exterior Features

Built Date:
Exterior Finish:
Brick, Stucco
Foundation Type:
Stone
Utitilies

Heating Type:
Hot water radiator heat
Heating Fuel:
Cooling Type:
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

Absolutely pristine investment property featuring 7 units, with top-dollar rents and an unbeatable location. Over $1.3 million in renovations were completed in 2011, including new electrical, heating systems, kitchens, bathrooms, windows, and flooring a true top-to-bottom transformation.Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Streets vibrant cafes, restaurants, shops, and transit. This immaculate building offers spacious units with soaring 10-foot ceilings, hardwood floors, and abundant natural light. Kitchens feature granite countertops, quality appliances, and ample storage. Self managed with excellent tenants and a strong rental history, this property is truly turnkey. Includes 7 outdoor parking spaces, offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core.With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to acquire a beautifully renovated, fully leased property in one of Ottawas most desirable neighborhoods. (id:19004)

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