170 Lavergne Street, Ottawa, Ontario K1L 5E5 (28822612)

170 Lavergne Street Ottawa, Ontario K1L 5E5

2,000 - 2,500 ft2
Baseboard Heaters

$999,000

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:61210)

Property Details

MLS® Number X12385152
Property Type Multi-family
Community Name 3402 - Vanier
Easement Unknown
Parking Space Total 6

Building

Appliances Water Heater
Basement Development Finished
Basement Type Full (finished)
Exterior Finish Brick
Foundation Type Brick
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Frontage 72 Ft ,7 In
Size Irregular 72.6 Ft ; 1
Size Total Text 72.6 Ft ; 1
Zoning Description R4e, R4e[1141]

https://www.realtor.ca/real-estate/28822612/170-lavergne-street-ottawa-3402-vanier

Contact Us

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Akram Syed
Broker

(613) 276-0398

RE/MAX Affiliates Realty Ltd.
1180 Place D'orleans Dr Unit 3
Ottawa, Ontario K1C 7K3

(613) 837-0000
(613) 837-0005
www.remaxaffiliates.ca/

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