179-181 CATHCART

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Description

Turn-key investment property in an ideal location, steps to embassies, government buildings, trails, shops and the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated and upgraded from top to bottom, absolutely everything is done! Best of all, it brings in almost 100k of annual rent with it's 3 large apartments. Tall ceilings, huge rooms, stunning kitchens, beautiful curb appeal, two upstairs balconies and one main floor deck, 2 parking spaces, 3 separate private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with the city. Upstairs is tenanted for $3100, Main floor tenants pay $2950 and basement is vacant (market rent is $2100). Upgrades include: All appliances 2023, Roof 2024, Boiler 2023, heat/AC pumps 2023 and lots more! This one is cash flow positive with today's interest rates and so easy to rent! (id:39198)

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Additional media

https://listings.insideottawamedia.ca/sites/opovzqp/unbranded

Property taxes

$7,708.00 per year / $642.33 per month

Basement

Finished, Full

Year build

1929

Type

Multi-family

Bedrooms

null

Bathrooms

null

Parking spots

2 Total

Floor

Tile, Hardwood

Balcony

-

Pool

-

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Heat Pump, Radiant heat, Natural gas

Fire place(s)

-