
531 McLeod Street
Ottawa Centre - 4103 - Ottawa Centre
531 Mcleod Street
Ottawa Centre - 4103 - Ottawa Centre
Sold For$870,000
Listed For $899,500
Sold Nov 2021

Ottawa Centre - 4103 - Ottawa Centre
Ottawa Centre - 4103 - Ottawa Centre
Sold For$870,000
Listed For $899,500
Sold Nov 2021
Flooring: Tile, Hello Value-Add Investors &/or Flippers! BRRRR - “Buy, Rehab, Rent, Refinance, Repeat” - 4-Plex in A+ location offering 3 x 2 Bed units & 1 x 1 Bed unit. Property may be legal triplex with in-law, buyer to satisfy themselves. Rents — Main Flr Apt (2Bed/1 Bath - vacant - should rent as-is for $1500/Month) | Second Flr Apt (2Bed/1Bath - $1200/Mo) | Third Flr Apt (1 Bed/1Bath - vacant - should rent as-is for $1300/Month) | Basement Apt (2Bed/1Bath - $600/Mo). All Tenants month-month. Property has 5 Hydro meters, tenants pay Hydro. Owner pays Gas, Water, HWT & Boiler, & Common Hydro. This building in A+ location offers loads of potential! The property does require updating / TLC. Potential to increase rents, currently well below market. Two units vacant, perfect opportunity to
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* Values are estimates only and not a guarantee of lending or affordability.