222 DESCHAMPS AVENUE Ottawa

222 DESCHAMPS AVENUE, Ottawa, Ontario

$999,000

INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012. (id:56241)

  • Listing ID: 1409380
  • Property Type: Multi-family

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Details

  • Management Company: NA -
  • Ownership: Freehold
  • Parking Spaces: 1
  • Transaction: For sale
  • Zoning Description: R4E

Building

  • Exterior Finish: Stucco
  • Fireplace Present: False
  • Heating: Radiant heat
  • Heating Fuel: Natural gas
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Sewer: Municipal sewage system
  • Size Frontage: 56 ft ,11 in
  • Size Irregular: 56.91 ft X 64.26 ft (Irregular Lot)
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 222 DESCHAMPS AVENUE in Ottawa Ontario. It was last modified on September 3rd, 2024. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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