TERRI TRATCH, Salesperson
108-1090 Ambleside Dr. OTTAWA, ON K2B 8G7 Phone: 343 999 1900 Mobile: 613 277 8334 Email TERRI

421 Nelson Street Sandy Hill (Ottawa, Ontario, CA - K1N 7S6) Built

$1,900,000

COLDWELL BANKER SARAZEN REALTY, BROKERAGE

TERRI TRATCH, Salesperson TERRI TRATCH, Salesperson 343 999 1900 (Office) 613 277 8334 (Cell) Request More Info

  • Cap Rate of 7.9%!!
  • Type: Multifamily
  • Style: Multiplex
  • Bedrooms: 9 "7 units total: 1x4 Bdrm, 1x3 Bdrm, 1x2 Bdrm, 1 large bachelor, 3 small bachelors, and a Mini office"
  • Bathrooms: 7 "One in every unit"
  • Garage: "Open"
  • Development Level: Built
  • Lot Type: Rectangular
  • Lot Size: 40ft x 128ft
  • Year Built: 1900 "Approximate"
  • Taxes: $8,418.00 (2017)
  • MLS ® #: 1130348

Description

Owner retiring. Bank Appraised the property for $1.8 M with a cap rate of 7.9%. Proofs of down payment and a mortgage approval or proof of cash money is required before and showing. fully renovated from top to button (2004-2018) with over $500,000.00 worth of improvements, including new windows and doors, new roof, updated kitchens and Bathrooms for all units, ceramic tiles and more! All the units are fully and tastefully furnished and come with the sale of the building. Also includes 7 Stoves, 9 Fridges, and 9 A/C. The building is three stories, 1x4 Bdrm, 1x3 Bdrm, 1x2 Bdrm, 1 large bachelor, 3 small bachelors, and a Mini office, Storage, and 9 Parking spots (always in hot demand). Walking distance to Ottawa U & all Amenities. (property sells as is, Zoning shall be verified by buyer). Excellent Location for Airbnb. A must see! Call Now!

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