Substantially rebuilt 9-unit apartment building located within walking distance of Ottawa University Lee's Campus, Main Campus, and St Paul's University campus. Largely rebuilt down to the studs in 2019 from the basement to the roof. The long list of work included concrete repair, membrane around the foundation, plumbing infrastructure with water submeters for all units, electrical, upper roof, tankless boiler, radiators, windows, fire alarm system, asphalt, appliances, and completely remodeled units. All tenants pay for electricity and water in addition to their rent. Paid parking and coin laundry. Heating is a central tankless boiler system with high-efficiency radiators. All rents are currently quite below the market value giving the successful buyer a substantial upside opportunity. Tenants are a mix of students and young professionals. Rarely available, this is a long-term legacy investment opportunity for you and your family. No vendor mortgage is available. (id:56483)
| MLS® Number | X9519069 |
| Property Type | Multi-family |
| Neigbourhood | Ottawa East |
| Community Name | 4407 - Ottawa East |
| Parking Space Total | 7 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Exterior Finish | Brick, Wood |
| Foundation Type | Concrete |
| Heating Type | Hot Water Radiator Heat |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 95 Ft ,9 In |
| Size Frontage | 61 Ft ,1 In |
| Size Irregular | Unit=61.1 X 95.8 Ft ; 0 |
| Size Total Text | Unit=61.1 X 95.8 Ft ; 0 |
| Zoning Description | R3p |
https://www.realtor.ca/real-estate/27401310/135-concord-street-s-ottawa-4407-ottawa-east
Contact us for more information
Mitch Gauzas
Salesperson
(613) 829-1818
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
© Sleepwell Realty Group Ltd., Brokerage
