95/97 CONCORD STREET N
Ottawa, Ontario K1S0Y7

$1,800,000

ID# 1391393

Hot water radiator heat Radiant heat

Virtual Tour

Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of CENTURY 21 SYNERGY REALTY INC
Listed on: May 14, 2024

On market: 125 days

Year Built	1877
Heating Type	Hot water radiator heat, Radiant heat
Heating Fuel	Natural gas
Stories Total	2

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95/97 CONCORD STREET N
Ottawa, Ontario K1S0Y7

Hot water radiator heat Radiant heat

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Ottawa

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Julia Hay

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Gil Marques

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Beds: 3 Baths:1 Sq Ft:Array
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Beds: 5 Baths:2 Sq Ft:Array
SHERI MAHON-FOURNIER

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Beds: 4 Baths:2 Sq Ft:Array
BRADFORD SMITH

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Ottawa

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Beds: 4 Baths:3 Sq Ft:Array
Jeffrey Usher

528 ENCLAVE LANE

Rockland

$2,500

Beds: 3 Baths:4 Sq Ft:Array
Raj Sidhu | Broker

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$440,000

Beds: 4 Baths:2 Sq Ft:Array
Laurie Dillon

Lot 44 FALCON DRIVE

Russell

$604,900

Beds: 3 Baths:3 Sq Ft:Array
Eric Fournier