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135 CONCORD

Ottawa East | Ottawa

$2,600,000.00

Listed 27 days ago

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

Property history

  • Now
    Listed on Sep 11, 2024

    Listed for $2,600,000.00

    27 days on market

Location & area

Schools nearby

Home Details

Description
Substantially rebuilt 9-unit apartment building located within walking distance of Ottawa University Lee's Campus, Main Campus, and St Paul's University campus. Largely rebuilt down to the studs in 2019 from the basement to the roof. The long list of work included concrete repair, membrane around the foundation, plumbing infrastructure with water submeters for all units, electrical, upper roof, tankless boiler, radiators, windows, fire alarm system, asphalt, appliances, and completely remodeled units. All tenants pay for electricity and water in addition to their rent. Paid parking and coin laundry. Heating is a central tankless boiler system with high-efficiency radiators. All rents are currently quite below the market value giving the successful buyer a substantial upside opportunity. Tenants are a mix of students and young professionals. Rarely available, this is a long-term legacy investment opportunity for you and your family. No vendor mortgage is available. (id:39198)
Additional media
-
Property taxes
$26,270.00 per year / $2,189.17 per month
Basement
-
Year build
1950
Type
Multi-family
Bedrooms
null
Bathrooms
null
Parking spots
7 Total
Floor
-
Balcony
-
Pool
-
External material
Concrete | Brick | Wood siding
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Hot water radiator heat, Other
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    1411198
    Brokerage
    KELLER WILLIAMS INTEGRITY REALTY

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