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1387-1389 Raven Avenue Ottawa, Ontario K1Z 7Y5

None Forced Air

$999,900

Investment opportunity. Introducing your prime investment in Carlington! This exceptional 4-unit multiplex blends convenience, comfort, and income potential. Perfectly situated for tenant appeal, with easy access to amenities. Two expansive 3-bed, 1-bath units on main and upper floors boast tasteful updates, ensuring tenant satisfaction. Plus, two renovated 1-bed, 1-bath basement apartments with private entrances provide desired privacy. Currently, three units are rented at market value, offering immediate 5.5% cap rate. Don't miss out on this lucrative opportunity! Schedule a viewing today and seize the potential of this remarkable investment gem! No Conveyance of any written signed offers prior to 3:00pm, May 14th 2024. Irrevocable 9pm on May 14th, if putting an offer. 24hrs notice required for showings, there are tenants. (id:37072)

Property Details

MLS® Number 1391127
Property Type Multi-family
Neigbourhood Carlington
ParkingSpaceTotal 4

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1950
ConstructionStyleAttachment Attached
CoolingType None
ExteriorFinish Brick
FlooringType Hardwood, Laminate, Ceramic
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Fourplex
UtilityWater Municipal Water

Parking

Surfaced
Tandem

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 99 Ft
SizeFrontage 53 Ft
SizeIrregular 53 Ft X 99 Ft
SizeTotalText 53 Ft X 99 Ft
ZoningDescription R2h

https://www.realtor.ca/real-estate/26870592/1387-1389-raven-avenue-ottawa-carlington

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Francis Plant
Salesperson


Exit Realty Matrix
785 Notre Dame St, Po Box 1345
Embrun, Ontario K0A 1W0

A.j. (Albert) Plant
Broker


Exit Realty Matrix
785 Notre Dame St, Po Box 1345
Embrun, Ontario K0A 1W0

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