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Key Details
Sold Price $623,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X9421015
Sold Date 07/31/24
Annual Tax Amount $4,470
Tax Year 2022
Property Description
Attention Developers, Investors and First-time Buyers!! OPPORTUNITY FOR QUICK 46% ROI - ASK FOR DETAILS. Duplex with ADDITIONAL 3rd unit on massive 66 x 95 ft lot. 2 lots for the price of 1!! Take advantage of the new federal government (GST) rebate on new qualifying rental. Just a short 10-minute drive to downtown Ottawa. Property zoned R4UA which offers plenty of development options. Draft concept for 8 unit development options available for review. All 3 units consist of 2 bedrooms and 1 bathroom. Unit 3 features balcony while unit 2 offers walk-out deck in rear. Parking for all 3 units. Rents are significantly below market value. Unit 1 currently left vacant, Unit 2 $1,295 + hydro, and Unit 3 $836 + hydro. On turnover, with a quick refresh, rents can be increased substantially., Flooring: Hardwood, Flooring: Laminate
Location
Province ON
County Ottawa
Zoning R4UA
Rooms
Basement Full, Finished
Interior
Cooling None
Exterior
Garage Spaces 3.0
Roof Type Asphalt Shingle
Total Parking Spaces 3
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