95 97 Concord Street N, Ottawa
95 97 Concord Street N, Ottawa
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30 Photos
- MLS®: 1391393
- Added: 20 days ago
Property Details
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:1945)
Property Information
- Sewer: Municipal sewage system
- Heating: Hot water radiator heat, Radiant heat, Natural gas
- List AOR: Ottawa
- Stories: 2
- Tax Year: 2023
- Year Built: 1877
- Photos Count: 30
- Water Source: Municipal water
- Parcel Number: 061403160
- Parking Total: 7
- Common Interest: Freehold
- Association Name: Self -
- Street Dir Suffix: North
- Tax Annual Amount: 10717
- Exterior Features: Brick
- Foundation Details: Stone
- Lot Size Dimensions: 66.05 ft X 98.82 ft
- Zoning Description: R4UD
- Number Of Units Total: 7
- Map Coordinate Verified YN: true
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