Lower Town - Sandy Hill - 4002 - Lower Town
Lower Town - Sandy Hill - 4002 - Lower Town
Listed For $1,097,000
Get Pre-approvedTerminated
Flooring: Tile, Flooring: Hardwood, Flooring: Mixed, Appraisal of $1.27m on file! Great value... as this LEGAL FOURPLEX is in DOWNTOWN OTTAWA... with the docs to prove it! FIRE CERTIFICATE and ZONING COMPLIANCE on file as well. This FOURPLEX has 2-1bedrm units and 2-2bedrm units. Gross INCOME is $81,782/yr and OPERATING EXPENSES are $20,320/yr = $61,462 NOI. Cap rate: 5.6% Updates: All toilets 2022, ROOF 2008, Windows 2010, (no furnace - only baseboards), water meter 2022, some soffit and facia and eavestrough 2022, electrical inspected and some work done, plumbing inspected all in 2022. COIN OPERATED LAUNDRY. 4 hydro meters (one is connected to the laundry). No snow shoveling or grass cutting. Tenants either have no cars or use street parking. Many practical updates done in the last yr t
We couldn't find other active listings in this specific criteria right now.
* Values are estimates only and not a guarantee of lending or affordability.