$ 1,449,000
320 ALTHA AVENUE Ottawa, ON K1L7C9
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$ 1,449,000
Est. payment | /mo
$ 1,449,000
Est. payment | /mo
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
Listed by COLDWELL BANKER RHODES & COMPANY
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