255 MACKAY STREET$2,989,900

This lovely property is sitting on a oversize lot, overlooking the Rideau Hall Gardens. Currently consisting of 4 units, all above ground and fully furnished. The unit breakdown are as follows: Main level has a 2-bdrms/1 bath-rented at $3750.00/mthly. - A Bachelor/1 bath-rented at$1750.00/monthly. -2nd level, is a 3 bedrooms/1bath- rented at $3,750.00/monthly . 3rd level: Is a 3 bedroom /1 bath-rented at$3500.00 /monthly. Rental of all 4 units includes all utilities and 1 parking space per unit. Laundry room is located on the main level , 1 coin-operated laundry facility. Furnace is apx 12 years old and roof was replace in the last 5 years. You have 2 options, either continue renting the property as a 4 unit, or you can redeveloped the property for the construction of 2 executives dwelling of 3,300 square feet per side in place of the current 4 units. All plans have are attached and have been approved by the New Edinburgh Heritage Conservation District. (id:46641)