divider

421 Nelson Street Sandy Hill (Ottawa, Ontario, CA - K1N 7S6) Built

$1,900,000

Mark Cimon Sales Representative @ RE/MAX Hallmark Realty Group

Mark Cimon Mark Cimon 613.859.9404 (Cell) Request More Info

  • Cap Rate of 7.9%!!
  • Type: Multifamily
  • Style: Multiplex
  • Bedrooms: 9 "7 units total: 1x4 Bdrm, 1x3 Bdrm, 1x2 Bdrm, 1 large bachelor, 3 small bachelors, and a Mini office"
  • Bathrooms: 7 "One in every unit"
  • Garage: "Open"
  • Development Level: Built
  • Lot Type: Rectangular
  • Lot Size: 40ft x 128ft
  • Year Built: 1900 "Approximate"
  • Taxes: $8,418.00 (2017)
  • MLS ® #: 1130348

Description

Owner retiring. Bank Appraised the property for $1.8 M with a cap rate of 7.9%. Proofs of down payment and a mortgage approval or proof of cash money is required before and showing. fully renovated from top to button (2004-2018) with over $500,000.00 worth of improvements, including new windows and doors, new roof, updated kitchens and Bathrooms for all units, ceramic tiles and more! All the units are fully and tastefully furnished and come with the sale of the building. Also includes 7 Stoves, 9 Fridges, and 9 A/C. The building is three stories, 1x4 Bdrm, 1x3 Bdrm, 1x2 Bdrm, 1 large bachelor, 3 small bachelors, and a Mini office, Storage, and 9 Parking spots (always in hot demand). Walking distance to Ottawa U & all Amenities. (property sells as is, Zoning shall be verified by buyer). Excellent Location for Airbnb. A must see! Call Now!

Attachments

Brokered and Advertised by : Power Marketing Real Estate Inc
P2#301821413
top
Information is deemed to be correct but not guaranteed.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.