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222 Deschamps Avenue Ottawa, Ontario K1L 5Y9

Radiant Heat

$999,000

INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012. (id:37072)

Property Details

MLS® Number 1409380
Property Type Multi-family
Neigbourhood Vanier
ParkingSpaceTotal 1

Building

ExteriorFinish Stucco
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 2
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 64 Ft ,3 In
SizeFrontage 56 Ft ,11 In
SizeIrregular 56.91 Ft X 64.26 Ft (irregular Lot)
SizeTotalText 56.91 Ft X 64.26 Ft (irregular Lot)
ZoningDescription R4e

https://www.realtor.ca/real-estate/27358974/222-deschamps-avenue-ottawa-vanier

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Dale J. Way
Salesperson


Right At Home Realty
14 Chamberlain Ave Suite 101
Ottawa, Ontario K1S 1V9

Rose Zeidan
Broker


Right At Home Realty
14 Chamberlain Ave Suite 101
Ottawa, Ontario K1S 1V9

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