Ottawa Real Estate For Sale
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Return to Search Result95/97 CONCORD STREET N - MLS® # 1391393
Property Details
Description
Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:2469)
Listing Provided By
CENTURY 21 SYNERGY REALTY INC
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- Angelo Toscano
- 613.830.0000
- 613.830.0000
- team@toscanoteam.com
- RE/MAX DELTA REALTY TEAM
- 2316 St Joseph Blvd
- Orleans, ON
- K1C 1E8