Lower Town - Sandy Hill - 4004 - Sandy Hill
Lower Town - Sandy Hill - 4004 - Sandy Hill
Sold For$1,550,000
Listed For $1,580,000
Sold 1 month ago
Investors, take note! This impressive six-plex in Sandy Hill features 15 bedrooms and is a prime opportunity for strong, consistent cash flow. Ideally located in the heart of the city, it's just a short walk to Ottawa University, shops, restaurants, and the ByWard Market.This well-maintained, professionally managed property is a proven income generator. The building includes two four-bedroom units, three two-bedroom units, and one one-bedroom unit, all offering bright, spacious layouts with high ceilings. It benefits from reliable, quality tenants and strong market rents.Currently generating close to $100,000 in net income, there is additional upside with potential rent increases as units turn over. Based on 2025 figures, the property reports a Gross Operating Income (GOI) of $150,000 and
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* Values are estimates only and not a guarantee of lending or affordability.