249 DESCHAMPS AVENUE$819,999
#1327515
N/A bed
N/A bath
About the Property
WELCOME TO VISION VANIER! Excellent investment oppurtunity with great cash flow! Wonderfully maintained Fourplexe in the heart of Vanier mins away from Downtown Ottawa.This location is part of the "VISION VANIER" & is an umbrella initiative of City project that aims to revitalize Vanier and turn it into a modern Residential and commercial neighbourhood.This will be done through land-use planning, economic development, infrastructure improvements, transportation and mobility, and arts, culture and heritage.This lovely multi family home have been renovated in 2018 and all have separate hydro meters.Roofing done in 2013,HWT changed in 2014,new windows in 2016,Siding done in 2014.Take advantage of the this excellent investment opportunity.Vanier is getting a complete makeover & has been growing rapidly! It is being gentrified fast and prices are increasing at much higher rates than city averages. Property has a solid cap rate and awaiting its new ownership! NET:50,640 CAP:6.17% (id:46641)
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Property Details
City: Ottawa
Neighbourhood: VANIER
Build Year: 1977
Listing Agent
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Property
Property Type
Multi-family
Land Depth
58 ft ,11 in
Community Features
School Bus
Building
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Storeys
2
Building Style
Fourplex
Exterior Finish
Siding
Heating Type
Forced air
Cooling Type
None
Foundation Type
Block, Stone
Parking Space Total
3
Measurements
Additional Info
Lease Type
Gross
Listing Contract Date
2023-01-24
Zoning Description
RES R4E
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