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$ 999,000
Est. payment /mo
New
170 LAVERGNE STREET Ottawa, ON K1L5E5
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $499
Subdivision 3402 - Vanier
MLS® Listing ID X12373000
Source Ottawa Real Estate Board
Property Description
Investment opportunity! solid brick 6-unit building fully rented offers a combination of 4 one bedroom and 2 two bedrooms with ample parking. 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. Operating expense $25,800. Gross income of $119,940. NOI $94,140. Great CAP rate it can be a great addition to your retirement portfolio. One bedroom $1295. One Bedroom $1750. Two bedrooms $1900. One Bedroom $1800. Two bedrooms $1850. One bedroom $1400. Insurance is $600/month. Heat is $300/month. Hydro $500/month. Water $350/month. Maintenance is $400/month. A smart buy with long-term growth potential! Book your showing today! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX AFFILIATES REALTY LTD.