258 RUSSELL AVENUE$849,999

#1353554

N/A bed

N/A bath

About the Property

Beautiful 3-unit apartment building ideally situated in the heart of Sandy Hill. Each unit boasts a private entrance along with designated outdoor space. Unit 1 (2 bedroom) and unit 2 (1 Bedroom) are both 2-story apartments providing ample living space and comfort. Unit 2 is currently vacant allowing you to select your own tenant. Unit 3 is a bachelor unit, offering a compact yet comfortable living space. Noteworthy features of the building include four gas meters, four rental hot water tanks, and four hydro meters, ensuring that each tenant is responsible for their own utilities. Additionally, there is a shared coin-operated laundry area for added convenience. With the potential for rent increases, this property presents an excellent cash flow opportunity for investors or those seeking to reside in one of the units themselves. For a comprehensive financial outlook, please refer to the attached NOI statement. 24 Hr notice for all showings & 24 Hr Irrevocable (id:46641)

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Listing Agent

Jason Spartalis

Salesperson

(613) 266-2460

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Realtor.ca

Property Details

City: Ottawa

Neighbourhood: Sandy Hill

Property

Property Type

Multi-family

Land Depth

71 ft

Building

Basement Development

Finished

Basement Type

Full (Finished)

Storeys

2

Building Style

Triplex

Exterior Finish

Brick

Heating Type

Baseboard heaters

Cooling Type

None

Parking Space Total

1

Measurements

Additional Info

Easement

Right of way

Lease Type

Gross

Listing Contract Date

2023-07-28

Zoning Description

R4-H

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