95/97 CONCORD STREET N, Ottawa, Ontario

$1,600,000

6,512 Square Feet

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 cap rate of over 6% 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 newer 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: X12067049
Property Type: Multi-family

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Details

Parking Spaces: 7
Transaction: For sale
Zoning Description: R4UD

Building

Fireplace Present: False
Heating: Radiant heat
Size Exterior: 6512.16 sqft
Size Interior: 6512 sqft
Type: Multi-Family
Utility Water: Municipal water

Land

Size Frontage: 66 ft
Size Irregular: Bldg=66.05 x 98.82 FT ; 0

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 April 7th, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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