170 Lavergne Street, Ottawa

FOURPLEX Investment opportunity! solid brick building fully rented. Centrally located property with easy access to many amenities. Offers incredible flexibility for strong rental income. This solid well-maintained multi unit building offers a functional layout with plenty of room to grow, update, or create versatile living spaces. Positive cash flow and a solid cap rate based off market rent prices. Own a investment opportunity in sought-after Beechwood Village! Units are spacious & sunny. Potential for future development in a rapidly growing & changing area. Ideally located near parks, grocery stores, schools, transit routes, and only a short drive to downtown Ottawa, offers convenience, flexibility, and long-term potential. Short walk to Beechwood Village. Total income $119,940. Total expense is $25,800. NOI is $94,140. Great CAP rate it can be a great addition to your retirement portfolio. Insurance is $600/month. Heat is $300/month. Hydro $500/month. Water $350/month. Maintenance is $400/month.building sale "as is where is". Seller has made changes to the units to increase the income. Buyer's required to do their own due diligence. A smart buy with long-term growth potential! 24 hr notice for showing. Book your showing today! (id:1945)