60-62 BARRETTE STREET$999,000

#1369217

N/A bed

N/A bath

About the Property

INVESTORS TAKE NOTICE! +$78K GOI/+$63K NOI. Perfectly located in the thriving neighbourhood of Beechwood Village on a CORNER lot boasting R4 COMMERCIAL ZONING. The property comprises three units - a fully renovated 3-bedroom townhome, a commercial unit currently leased as a popular take-out restaurant & quaint cafe and a 2-bedroom apartment. The vacant townhome, newly renovated, offers a prime opportunity for owner-occupation or tenant selection at market rent (approx. $2700). Steps away from all the amenities that one could ever want and in a coveted neighborhood undergoing incredible gentrification, acquiring this property ensures future appreciation. GOI of over $78K (incl. projected rent). Lots of structural and mechanical work done + SO MANY OPTIONS FOR THE FUTURE! Additionally, savvy investors can explore acquiring two neighboring multi-family properties, PRESENTING A VALUABLE LAND ASSEMBLY OPPORTUNITY on a CORNER lot with R4E-c zoning for future development. (id:46641)

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Listing Agent

Marcus Noel

Salesperson

(613) 864-6635

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Property Details

City: Ottawa

Neighbourhood: Beechwood Village

Property

Property Type

Multi-family

Land Depth

99 ft

Building

Basement Features

Low

Basement Development

Unfinished

Basement Type

Unknown (Unfinished)

Storeys

2

Building Style

Triplex

Exterior Finish

Stucco

Heating Type

Forced air, Radiant heat

Cooling Type

Central air conditioning

Measurements

Additional Info

Lease Type

Gross

Listing Contract Date

2023-11-28

Zoning Description

R4E-c

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