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
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Property Details
City: Ottawa
Neighbourhood: Guildwood Estates
Listing Agent
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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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