Angela Hennessey 

Sales Representative

DIRECT 613-720-6496

OFFICE 613-729-9090

angela@angelahennessey.ca

Royal LePage Team Realty

422/424 NELSON STREET
Ottawa, Ontario K1N7S7

  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa

$2,180,000

ID# 1390444

Central air conditioning Forced air

Fantastic 6.32% CAP, NET $137,734, 4plex with opportunity to increase cashflow by approx. $36K with 2 permit ready vacant studio spaces. This almost immediate increase in cashflow will increase the value well beyond the capital invested to create the new units. Property operates with 4 never vacant student rentals, 2-4 bed 2 bth, 2-5 bed 2 bth - all on master leases. This is a very stable property that has operated under 1 management for 5+ years. The 2 spaces ready for development are at the back of the property and independent of the 4 existing units. Tenants pay all utilities but water. An incredible opportunity to own in the heart of the Sandy Hill. Vacancies are highly sought after by renters due to its central location, and its proximity to the University of Ottawa, the Rideau Canal, parks, shopping & dining. (id:25961)
LEARN MORE ABOUT THIS PROPERTY
Courtesy of SLEEPWELL REALTY GROUP LTD

Listed on: May 08, 2024

On market: 199 days
  • Property Details
  • Room Dimensions
  • Mortgage Calculator
  • Map
Property Details
Year Built 1902
Cooling Type Central air conditioning
Flooring Type Laminate, Tile
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
Room Dimensions
Mortgage Calculator
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate
Map

YOU MIGHT ALSO LIKE THESE LISTINGS

image

10 ARMSTRONG DRIVE UNIT306

Smiths Falls

$315,000

Angela Hennessey | Sales Representative
image

120 GRANT CARMAN DRIVE UNIT703

Ottawa

$474,900

Ben Wightman | Sales Representative
image

177 YEARLING CIRCLE

Ottawa

$700,000

Greg Hamre
image

77 PINEHURST ESTATE

Petawawa

$179,900

Sheila Flowers
image

192 HALL SHORE ROAD

Mcdonalds Corners

$2,500

DAVE SHAW
image

44 SYCAMORE DRIVE

Ottawa

$1,235,000

Terry Koyman
image

682 DE L'EGLISE STREET

Ottawa

$925,000

Henga Nayeri
image

62 JARDIN PRIVATE

Ottawa

$875,000

Tony Miller
image

263 GARDEN OF EDEN ROAD

Renfrew

$699,000

Karen Delcourt
image

160 GEORGE STREET UNIT704

Ottawa

$450,000

Lori-Lynn Hynes
image

20 RUSSELL STREET W

Smiths Falls

$1,000

Brad Closs
image

200 LETT STREET UNIT413

Ottawa

$2,000

Joseph Forte | Broker
image

1472 SOUTH RUSSELL ROAD

Russell

$1,139,900

Justin Wrigley
image

554 TENOR RIDGE

Ottawa

$3,700

Nicole Kabongo
image

95 MAPLEWOOD AVENUE

Oxford Mills

$639,000

Natalie Sobhie
image

475 LAURIER AVENUE W UNIT1405

Ottawa

$275,000

Bob Fraser
image

223 KENNEVALE DRIVE

Ottawa

$495,000

Camelia Dubic
image

262 MUNRO STREET

Carleton Place

$575,000

Garett McCune
image

52 ST VICTOR STREET

Alfred

$2,100

Michel Desnoyers
image

777 ROUTE 11 STREET

Curran

$514,900

Michel Desnoyers
image

203 CATHERINE STREET UNIT705

Ottawa

$289,900

Jurgen Fretschner
image

600 MOUNTAINEER PRIVATE UNIT508

Ottawa

$2,320

Marnie Bennett
image

1256 DRUMMOND 9A CONCESSION ROAD

Perth

$599,000

JEAN SHARPE
image

5801 BANK STREET

Greely

$499,000

Sheila McLuskey
image

1138 THOUSAND ISLANDS PARKWAY

Mallorytown

$899,000

LEXI MACDONALD | Sales Representative
Previous
Next
LOOKING FOR SOMETHING SPECIFIC?   LET ME KNOW AND I'LL FIND IT FOR YOU
Request a Showing
By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL
Sending
422/424 NELSON STREET

Get In Touch

Angela Hennessey 

Sales Representative

Angela@angelahennessey.ca

1-613-720-6496 (cell)

1-613-729-9090 (office) 

Royal LePage Team Realty Brokerage

384 Richmond Road, Ottawa

WESTBORO

Contact Us
By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL
Royal LePage Team Realty

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

 

powered by curious projects