255 Fifth Avenue, Ottawa

Heating: Forced air Natural gas
Structure Type: Fourplex
Exterior Features: Brick

Bedrooms: 18
Bathrooms: 4
Added: 4 weeks ago
Updated: 3 weeks ago
Last Checked: 1 week ago
Listed by: RE/MAX HALLMARK REALTY GROUP
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Listing description
This Other at 255 Fifth Avenue Ottawa, ON with the MLS Number x12331780 listed by Todd Lyons - RE/MAX HALLMARK REALTY GROUP on the Ottawa market 4 weeks ago at $2,450,000.

TURNKEY FOURPLEX + 5% CAP RATE + COVETED LOCATION in the heart of The Glebe with it's vibrant lifestyle and unbeatable walkability ~ shops, restaurants, pubs, music venues, bakeries, coffee shops, top-tier schools ~ green space including pathways along the Rideau Canal and several parks including Brown's Inlet Park (with 2 beautiful ponds that flow into the Rideau Canal) and Lansdowne Park, where you can enjoy sports events, concerts, restaurants & community spaces. Easy access to Carleton University, Dows Lake and downtown. PROFITABLE ADDITION to any real estate investment portfolio with steady income and superior LONG-TERM GROWTH POTENTIAL with it's ideal location and easy rentability. Strong demand and FULLY RENTED at market rental rates. Blend of modern conveniences and historic charm make this an ideal owner-occupied property. Great curb appeal with it's all-brick exterior and spacious covered balconies. FOUR UNITS each with 2 storeys, hardwood floors and in-unit laundry ~ 2- 5 bedrooms units and 2- 4 bedroom units. Garage and driveway parking further add to rentability. Visit our 360 tour under attached link "Unbranded Virtual Tour". Do not miss this opportunity to own an excellent investment opportunity in one of Ottawa's top rental markets. Call today for a private viewing and for financials. This is THE ONE! (id:1945)

Property Details Key information about 255 Fifth Avenue