237 BOLTON STREET$1,100,000

#1288962

N/A bed

N/A bath

About the Property

ATTENTION INVESTORS. LEGAL TRIPLEX. EXCEPTIONAL VALUE. This fantastic TRIPLEX in the prime location of LOWER TOWN is a tremendous TURNKEY investment opportunity. Safely tucked away on quiet street directly across from Cathcart Park and short walking distance to Ottawas BOOMING BYWARD MARKET. Very well maintained with loads of updates/ renovations make this beauty a diamond in the rough for multi-unit properties. A purpose built triplex with units on each floor: upper 3 bedroom, middle 3 bedroom & lower 1 bedroom. Ideal location for easy renting with units in high demand. Plenty of parking in driveway (rear yard could be converted to parking). FANTASTIC TENANTS IN PLACE: Current Rents: Upper $1850 on monthly lease, middle $1850 on monthly, lower $1400 on lease to April 2023. No carpet, hard surface flooring only. STUNNING KITCHENS and BATHROOMS. Over $50K since 2020. Tenants pay hydro (3 meters). Landlord pays gas $943 & water $1158 per yr. Low maintenance. Min 24hrs for showings. (id:46641)

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Listing Agent

Paul Rushforth

Broker of Record

(613) 240-8551

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Property Details

City: Ottawa

Neighbourhood: Lower Town

Build Year: 1953

Property

Property Type

Multi-family

Land Depth

67 ft

Building

Basement Development

Finished

Basement Type

Full (Finished)

Storeys

2

Building Style

Triplex

Exterior Finish

Siding, Vinyl

Heating Type

Forced air

Cooling Type

Central air conditioning

Foundation Type

Block

Parking Space Total

4

Measurements

Additional Info

Easement

Unknown

Lease Type

Gross

Listing Contract Date

2022-04-28

Zoning Description

Residential

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