320 ALTHA

Home Details

Description

Exceptional investment opportunity in Ottawa. Quality constructed, well managed 4-unit + bonus apt is a high earner. With concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:39198)

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Additional media

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Property taxes

$6,590.00 per year / $549.17 per month

Basement

Finished, Full

Year build

1952

Type

Multi-family

Bedrooms

null

Bathrooms

null

Parking spots

3 Total

Floor

Mixed Flooring

Balcony

-

Pool

-

External material

Siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Baseboard heaters, Electric

Fire place(s)

1