48 BELL ST N Pending

West Centre Town,ON K1R 7C7

$ 699900

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID X9524226

Style Unknown

Annual Tax Amount $3,971

Tax Year 2024

Property Description

Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers., Flooring: Tile, Flooring: Hardwood, Flooring: Laminate

Location

Province ON

County Ottawa

Zoning Residential

Rooms

Family Room No

Basement Crawl Space,Unfinished

Interior

Interior Features Unknown

Cooling None

Exterior

Garage Unknown

Garage Spaces 2.0

Pool None

Roof Type Unknown

Total Parking Spaces 2

Others

Security Features Unknown

Pets Description Unknown

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