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95/97 Concord Street N Ottawa, Ontario K1S 0Y7

Hot Water Radiator Heat, Radiant Heat

$1,850,000

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:37072)

Property Details

MLS® Number 1391393
Property Type Multi-family
Neigbourhood SANDY HILL
ParkingSpaceTotal 7

Building

ConstructedDate 1877
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat, Radiant Heat
StoriesTotal 2
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 98 Ft ,10 In
SizeFrontage 66 Ft ,1 In
SizeIrregular 66.05 Ft X 98.82 Ft
SizeTotalText 66.05 Ft X 98.82 Ft
ZoningDescription R4ud

https://www.realtor.ca/real-estate/26890053/9597-concord-street-n-ottawa-sandy-hill

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Ryan Philippe
Salesperson


Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9

Curtis Murphy
Salesperson


Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9

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