348 SHAKESPEARE STREET S, Ottawa, Ontario

$850,000

6 Beds
3 Baths

ATTENTION ALL INVESTORS!! Are you looking for your first great real estate investment? Or a place to hang your hat and live mainly mortgage free? THIS IS A VERY WELL MAINTAINED TRIPLEX for your portfolio with a 5.9% CAP rate! Three 2 bedroom/1bath units with parking for 4 sits on a quiet cul de sac in a sought after neighborhood. Walking distance to schools, shops, transit and 10 minutes to Byward Market & Rideau Centre. Loads of upgrades and improvements. All units updated, roof, windows, boiler, fire escape, electrical 200 amp with 4 separate hydro meters, and more. Full list attached. ANNUAL GROSS INCOME of $63,000. Great opportunity - don't hesitate! (id:56241)

Listing ID: X12116895
Property Type: Multi-family

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Details

Amenities Nearby: Public Transit
Features: Cul-de-sac, Level lot, Irregular lot size, Flat site, Carpet Free
Parking Spaces: 4
Structure: Patio(s), Deck, Drive Shed
Transaction: For sale
Zoning Description: R4E

Building

Amenities: Separate Electricity Meters
Appliances: Water Heater, Water meter, Dryer, Hood Fan, Stove, Washer, Refrigerator
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Apartment in basement
Bedrooms Main Level: 6
Cooling: Window air conditioner
Exterior Finish: Stone, Stucco
Fireplace Present: False
Fire Protection: Smoke Detectors
Foundation: Block
Bathrooms (Total): 3
Heating: Radiant heat
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water

Land

Amenities: Public Transit
Landscape Features: Landscaped
Sewer: Sanitary sewer
Size Frontage: 66 ft
Size Irregular: 66 x 47.5 FT

Listing provided by RE/MAX HALLMARK REALTY GROUP
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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 348 SHAKESPEARE STREET S in Ottawa Ontario. It was last modified on May 1st, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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