237 BOLTON STREET$1,100,000

#1303004

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 & 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 w/ 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

2022-07-05

Zoning Description

Residential

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