488 GILMOUR STREET$1,399,000

A rare opportunity to own two properties side-by side! A fourplex (488 Gilmour) & a six-plex (MLS - 1335633) Welcome to 488 & 490 Gilmour Street, an incredible 10-unit turnkey investment opportunity in the heart of Ottawa! This property has been updated over the past 6 years with laminate & hardwood flooring, updated kitchens & bathrooms, giving it a modern and attractive appearance. 488 Gilmour features 3, 1 bedroom self-contained units & 1 bachelor unit, while 490 Gilmour boasts 3, 1 bedroom units & 3 bachelor units. Both properties share five parking spots, which is a valuable asset in this desirable neighbourhood. The units have been meticulously maintained and are in excellent condition, providing a stable and consistent rental income. The neighbourhood is a short distance from some of Ottawa's most famous landmarks, and is surrounded by numerous shops, restaurants, and cafes. Both properties MUST be sold together. Assumable 6 year mortgage available based on qualification. (id:46641)