62-64 Cobourg Street Ottawa, Ontario K1N 8G8
$985,000
Attention Investors- A fantastic opportunity to purchase a manageable building with a healthy cash flow in the heart of lower town. Fourplex building with each unit respectable in size and condition. No issue with vacancy. Desirable area for tenants with close proximity to Ottawa U, Transit in a rejuvenated neighbourhood. Two - 2 bedroom units s and Two -1 Bedroom units with good rent roll. Roof 2008, Windows 2010. The building is low maintenance with fantastic tenants. Cap rate just above 5% which is rare. A perfect building to add to your portfolio or for first-time investors. (id:25350)
Property Details
| MLS® Number | 1245607 |
| Property Type | Multi-family |
| Neigbourhood | MacDonald Gardens |
| Amenities Near By | Public Transit, Recreation Nearby, Water Nearby |
| Parking Space Total | 1 |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1900 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Siding |
| Flooring Type | Hardwood, Tile, Vinyl |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Recreation Nearby, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 66 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 33 Ft X 66 Ft |
| Size Total Text | 33 Ft X 66 Ft |
| Zoning Description | R5l H(18) F ( 2.0) |
https://www.realtor.ca/real-estate/23293745/62-64-cobourg-street-ottawa-macdonald-gardens
Interested?
Contact us for more information
Joanne Lefebvre
Salesperson
www.bennettlefebvre.ca
Bennett & Lefebvre
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8
(613) 725-1171
(613) 725-3323
John Bennett
Salesperson
bennettlefebvre.ca
bennett & lefebvre
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8
(613) 725-1171
(613) 725-3323
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September 14 2021 08:11:20
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