4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa
  • 4 ECCLES STREET Ottawa

4 ECCLES STREET, Ottawa, Ontario

$1,595,000

  • 4,750 Square Feet

This is a fantastic opportunity to own a turn key 8-unit investment property, with phenomenal cash flow! Perfectly situated only steps from Lebreton Flats, Little Italy and Chinatown, in a community filled with a diversity of restaurants, cozy cafes and all the amenities of living downtown. Public transit is within a block with quick access to the LRT station which runs through Lebreton Flats. Gross income of $138k+ with an NOI of $100k+. This is an outstanding investment opportunity at a 6.3% cap rate. This building is well maintained and in great condition with recently renovated units and a solid tenant base comprised primarily of young professionals. This building is extremely easy to manage and boasts a cooperative relationship between the owner and the tenants. All units are located above-grade and comprised of 3 spacious and bright two-bedroom units, two one-bedroom units and three bachelor suites. The impressive top floor two-bedroom unit was recently fully renovated with a new kitchen, new bathroom, full interior painting, new laminate flooring and fixtures throughout. A profitable coin operated laundry is in the basement with ample storage space for tenants. The property sits on a 71 x 46 lot with R4UB zoning and the spacious side lot (which currently holds 7 parking spaces) offers the potential for future development opportunity to add additional units. (id:56241)

  • Listing ID: X11960040
  • Property Type: Multi-family
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Details

  • Parking Spaces: 7
  • Transaction: For sale
  • Zoning Description: R4UB

Building

  • Appliances: Dryer, Stove, Washer, Refrigerator
  • Fireplace Present: False
  • Heating: Other
  • Heating Fuel: Natural gas
  • Size Exterior: 4750 sqft
  • Size Interior: 4750 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Size Frontage: 71 ft ,4 in
  • Size Irregular: Bldg=71.41 x 46.16 FT
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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 4 ECCLES STREET in Ottawa Ontario. It was last modified on February 6th, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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