32/34 BRUYERE STREET$1,199,000

#1293099

N/A bed

N/A bath

About the Property

With changing market conditions, including an increasingly difficult market for Buyers to be pre-approved for affordable homes, the anticipated increases in demand for Multifamily homes has seen investors FLOCK to purchase great valued buildings with recession proof locations. This FOUPLEX in Lower Town checks all the boxes for those astute investors. Located in front of the Bruyere Hospital and surrounded by every necessary amenity, this property has one 2 bed unit and three 1 bedroom units (one of them is a 1+den). Separate Hydro meters, as well as Coin Wash and Extra Parking provides additional cash flow. Offered at a 4.4 Cap Rate, this recently updated Multifamily Home offers not only incredible value, but opportunity for significantly increased cash flow over the next 5 years. (id:46641)

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Listing Agent

Marc Evans

Broker

(613) 868-4383

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Realtor.ca

Property Details

City: Ottawa

Neighbourhood: Lower Town

Property

Property Type

Multi-family

Land Depth

100 ft ,3 in

Community Features

Adult Oriented

Features

Balcony

Building

Basement Features

Low

Basement Development

Unfinished

Basement Type

Common (Unfinished)

Storeys

3

Building Style

Fourplex

Exterior Finish

Stone, Siding, Vinyl

Heating Type

Baseboard heaters

Cooling Type

None

Foundation Type

Stone

Parking Space Total

2

Measurements

Additional Info

Lease Type

Other, See Remarks

Listing Contract Date

2022-06-01

Zoning Description

R4S

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