1016-1018 MAITLAND AVENUE$2,100,000
#1347186
N/A bed
N/A bath
About the Property
HEY SAVVY MONEY MAGNETS - 6% cap rate. Explore this fully-occupied fourplex in the city's vibrant west end and with easy highway access. The property comprises five unique apartments, each with high ceilings, large windows, in-unit laundry, and a fully-equipped kitchen. Enjoy the added benefit of ample surface parking and its potential to generate additional income. The property comes with five hydro meters and four owned hot water tanks as well. Occupancy permits for four units are already in place. This strategic location and the building's modern aesthetics make it an ideal opportunity for potential investors. Maybe this is where your dream of an AirB&B empire begins. (id:46641)
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Property Details
City: Ottawa
Neighbourhood: Woodward Industrial Park
Lot Size: 0.14 ac
Build Year: 1960
Listing Agent
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Property
Property Type
Multi-family
Land Size
0.14 ac
Land Depth
123 ft ,10 in
Features
Balcony
Building
Basement Development
Finished
Basement Type
Full (Finished)
Storeys
2
Building Style
Fourplex
Exterior Finish
Stone, Siding
Heating Type
Baseboard heaters
Cooling Type
Window air conditioner
Foundation Type
Poured Concrete
Parking Space Total
7
Measurements
Additional Info
Lease Type
Gross
Listing Contract Date
2023-07-10
Zoning Description
R2F
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