280 Arlington Avenue, Ottawa

Almost a 5% cap rate in the heart of the city! Charming full brick duplex located in Centretown! Brimming with potential, this character filled property comes with R4 Zoning and a sizable rear lot providing opportunity for expansion. Central location walking distance to restaurants & transit. Spacious 2 bedroom on main level, 1 bedroom on upper floor. Both units come with full bathrooms, hardwood floors, laundry, window AC units , hydro meters, open concept layouts, large windows and well thought out kitchens. Partly finished basement provides room for possible third bedroom/office space as well as large storage area. Front porch, exterior paint touch ups and back porch resealed 2023 ,roof 2012, floors 2012, electrical panels & 2nd story balcony 2016. Both tenanted units month to month. Great opportunity to reset the rent! Tenant in One-bed is willing to leave. One bed- $1,216/mon, Two bed- $2,009/mon. (id:1945)