95/97 CONCORD STREET N, Ottawa, Ontario
$1,800,000
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:56241)
- Listing ID: 1391393
- Property Type: Multi-family
- Year Built: 1877
Schedule a Tour
Schedule Private Tour
Are you looking for a private viewing? Schedule a tour with one of our Ottawa real estate agents.
Match your Lifestyle with your Home
Let us put you in touch with a REALTOR® who specializes in the Ottawa market to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let one of our Ottawa real estate agents help you find a property to match your lifestyle.
Listing provided by CENTURY 21 SYNERGY REALTY INC
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 95/97 CONCORD STREET N in Ottawa Ontario. It was last modified on May 14th, 2024. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.