320 ALTHA AVENUE Active

Ottawa,ON K1L7C9

$ 1449000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Vanier

MLS Listing ID 1400987

Originating Board Ottawa Real Estate Board

Year Built 1952

Property Description

Exceptional investment opportunity in Ottawa. Quality constructed, well managed 4-unit + bonus apt is a high earner. With concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:24570)

Location

Province ON

Interior

Heating Baseboard heaters

Cooling None

Flooring Mixed Flooring

Fireplaces Number 1

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Municipal sewage system

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