155 Marquette Avenue Ottawa, Ontario K1L 5J7
$1,598,000
Own a turnkey investment property in sought-after Beechwood Village! This well-maintained 6-unit (4 x 2 bdrm, 2 x 1 bdrm) building offers a fantastic opportunity for investors seeking stable income and future opportunities to add value. Fully renovated mechanical and laundry room ensures reliable operation for years to come and minimizes operating costs. Upgraded windows throughout enhance comfort and efficiency. The R4S zoning allows for renovations and potential to increase density in the future. Assume the existing CMHC-insured 1st mortgage with a low 2.17% interest rate and significant principal remaining ($917,695 at March 2, 2024), expiring Dec 2025. This locked-in rate offers excellent value relative to current market rates. Situated in the vibrant Beechwood Village / Vanier North neighbourhood, the property enjoys excellent access to shops, restaurants, schools, and public transportation, ensuring a steady tenant pool. (id:50886)
Property Details
| MLS® Number | 1381152 |
| Property Type | Multi-family |
| Neigbourhood | Beechwood / Vanier North |
| ParkingSpaceTotal | 5 |
Building
| ConstructedDate | 1953 |
| ExteriorFinish | Brick |
| HeatingType | Hot Water Radiator Heat |
| StoriesTotal | 3 |
Land
| Acreage | No |
| SizeDepth | 82 Ft |
| SizeFrontage | 67 Ft |
| SizeIrregular | 67 Ft X 82 Ft (irregular Lot) |
| SizeTotalText | 67 Ft X 82 Ft (irregular Lot) |
| ZoningDescription | R4s |
https://www.realtor.ca/real-estate/26614333/155-marquette-avenue-ottawa-beechwood-vanier-north
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Florian Nagelschmitz
Salesperson
1505 Carling Avenue,2nd Floor
Ottawa, Ontario K1Z 7L9
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May 02 2024 02:12:54
Ottawa Real Estate Board
Capital Commercial Investment Corp.