556-562 GLADSTONE AVENUE$2,299,900

#1278231

N/A bed

N/A bath

About the Property

GREAT LOW MAINTENANCE INVESTMENT OPPORTUNITY!!! Four townhomes in the middle of one of Ottawa's most vibrant neighbourhoods. Close to transit, parks, cafes, nightlife. Easy to rent and manage, as tenants pay all utilities. Each townhouse comes with 5 bedrooms, two full baths, main floor addition and finished basements. appliances include stove, refrigerator, washer and dryer for each unit. All mechanical systems are updated, the roof was re-done in 07/2020 and three of the kitchens have been recently redone. Three of the four units are leased for $2750 + all utilities, one at $3000 (beginning may 1st, 2022) + all utilities. Tenants also maintain front and back yard spaces. With a net of over $114,000 and rents with upside possibility this well maintained, above average, turnkey operation is definitely one to avoid missing out on. DUE TO SELLER'S SCHEDULE CHANGING, NO CONVEYANCE OF OFFERS UNTIL FEBRUARY 23, 2022 AT 8:00 PM INSTEAD OF 6:00 PM (id:46641)

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Listing Agent

Gil Marques

Salesperson

(613) 851-3078

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Property Details

City: Ottawa

Neighbourhood: CENTRE TOWN

Build Year: 1908

Property

Property Type

Multi-family

Land Depth

81 ft

Building

Basement Development

Finished

Basement Type

Full (Finished)

Storeys

2

Building Style

Fourplex

Exterior Finish

Brick, Siding

Heating Type

Forced air

Cooling Type

None

Foundation Type

Stone

Measurements

Additional Info

Lease Type

Other, See Remarks

Listing Contract Date

2022-02-15

Zoning Description

RESIDENTIAL

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