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Key Facts

Type Quadruplex
Levels Residential
Size -
Garage Yes
Taxes $8,184
Days Active 46
Lot Size 
Approx. Age 
MLS® Number X12130394

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

PRICE REDUCED BY 34K!!!! Well maintained and TURN KEY, FIRE RETROFITTED, 5 Unit building , Legal 4 plex with non conforming accessory apartment, many upgrades (see attachment) , 327 has 3 2 bedroom apts and 329 has one 2 bedroom and one large 3 bedroom on 2 levels, (main and basement). Basement of this unit has the potential of converting into a bachelor or studio for increased income. Buyer to verify feasiblity, 4 car garage/ carport in backyard. Front and back access to the building, back has very convenient and nice closed in staircase for extra storage (2016), and gives access to all apartments and common area, repaved driveway(2016) gardens and landscaping recently redone. Each tenant pays for the following utilities, hydro, and HWT(rental and gas) Landlord pays for heat (except basement unit) water and hydro for commom spaces. Landlord office in basement and common area for laundry accessible to all units. Coin operated washer and dryer. Total income from rent and laundry=$83, 738 (2024) Projected income for 2025 is $87, 714. Expenses=$18, 477, NOI =$69, 236 taxes= $8, 184 Insurance= $5, 645, utilities for common space(water and heating)=$4, 648. Close to amenities, shopping restaurants, transit, minutes to downtown Ottawa. 24hr notice for all showings.Show Description
MLS® NumberX12130394
Laundry Level
Central VacNo
FireplaceNo
Acreage
ExteriorLandscaped, Paved Yard, Porch Enclosed
GarageYes
Approx. Age
BasementApartment, Finished
DrivewayGarage Type:Detached
Garage Spaces
HeatGas, Forced Air
A/CWall Unit(s)
Heating Fuel

Extras

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