1940 MICHIGAN AVENUE$899,999

#1290773

3 + 2 bed

2 bath

About the Property

CASH COW! POSITIVE CASH FLOW! INVESTORS & SMART BUYERS TAKE NOTICE - updated permitted legal secondary dwelling completed in 2020-FANTASTIC OPPORTUNITY TO GROW YOUR PORTFOLIO! Live in one unit and harvest the cash flow from the other or rent both and sit back and enjoy the income! Your new investment includes a 3 bedroom upper unit previously rented for $2,200 and 2 bdrm lower unit currently rented at $1,850 - all with in-suite laundry! Located in a fantastic residential neighbourhood walking distance to amenities, transit and 10 mins to Ottawa General Hospital, this property makes it easy to attract tenants! Private, hedged yard NO REAR NEIGHBOURS! AMPLE PARKING AVAILABLE! New windows in lower unit (2020). AC 2020. Furnace 2014. Excellent long-term buy and hold! Some digitally enhanced photos No showings allowed in LL unit without an accompanied offer. (id:46641)

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Listing Agent

Marnie Bennett

Broker of Record

(613) 233-8606

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Property Details

City: Ottawa

Neighbourhood: Guildwood Estates

Property

Property Type

Single Family

Ownership Type

Freehold

Land Depth

100 ft

Community Features

Adult Oriented, Family Oriented

Building

Bedrooms Above Grade

3

Bedrooms Below Grade

2

Bathrooms

2

Basement Development

Finished

Basement Type

Full (Finished)

Storeys

1

Building Style

House

Architecture Style

Bungalow

Exterior Finish

Brick, Siding, Vinyl

Heating Type

Forced air

Cooling Type

Central air conditioning

Appliances Included

Refrigerator, Dishwasher, Dryer, Stove, Washer

Foundation Type

Poured Concrete

Number of Units

Bungalow

Parking Space Total

6

Measurements

Main level

Living room

11'11" x 15'11"

Bedroom

9'3" x 11'4"

Kitchen

7'3" x 10'0"

Bedroom

11'5" x 10'5"

Primary Bedroom

10'3" x 14'11"

Eating area

13'10" x 11'0"

Additional Info

Listing Contract Date

2022-05-16

Zoning Description

Residential

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