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382 BRANT

Castle Heights | Ottawa

$1,070,000.00

Listed 5 months ago

  • - bed
  • - bath
  • - sqft
  • 5 parking
  • Multi-family

Property history

  • Now
    Listed on May 2, 2024

    Listed for $1,070,000.00

    161 days on market

Location & area

Schools nearby

Home Details

Description
Updated and meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks & the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 separate hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5% cap rate today for well below the cost to acquire land, pay development/permit fees & construction costs. 5 x stoves, 5 x fridges, 2 x dishwashers. (id:39198)
Additional media
-
Property taxes
$5,537.00 per year / $461.42 per month
Basement
Finished, Full
Year build
1959
Type
Multi-family
Bedrooms
null
Bathrooms
null
Parking spots
5 Total
Floor
Ceramic, Linoleum
Balcony
-
Pool
-
External material
Brick | Stucco
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Hot water radiator heat, Natural gas
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    1389797
    Brokerage
    UPPABE INCORPORATED

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