222 Deschamps Avenue Ottawa, Ontario K1L 5Y9
$999,000
INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012. (id:37553)
Property Details
| MLS® Number | 1409380 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Parking Space Total | 1 |
Building
| Exterior Finish | Stucco |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 64 Ft ,3 In |
| Size Frontage | 56 Ft ,11 In |
| Size Irregular | 56.91 Ft X 64.26 Ft (irregular Lot) |
| Size Total Text | 56.91 Ft X 64.26 Ft (irregular Lot) |
| Zoning Description | R4e |
https://www.realtor.ca/real-estate/27358974/222-deschamps-avenue-ottawa-vanier
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September 03 2024 09:11:46
Ottawa Real Estate Board
Right At Home Realty