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117 Main Street North, Ottawa, Ontario, K0C 1H0


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Property Details


Just Listed!

$435,000.00

Here’s a unique opportunity to capitalize on cash flow, with a great location in a growing community. Amazing potential for improvement & long term investment gains. Currently 4 occupied apartments with happy, solid tenants in an established building of historic origin that has received many important basic updates. Roof type: Asphalt Shingle & Metal, Heating type: HE forced air gas & electric baseboard supplement, Electric Meters & Panels: 4. Easy to operate from a distance with management in place offering an impressive cost ratio to income stream and a Cap Rate of 6.30%. Bedroom community to both Ottawa and accessible from Montreal and New York state. Also potential for an owner to occupy & live-in to self manage

  •  Type Residential
  •  1 Storey Style
  •  118.18 ' x 232.82 ' Lot Size

Property Features


  • Zoned Commercial for Future Use
  • FourPlex Fully Rented
  • Tenants Pay Heat and Hydro
  • Fully Serviced Urban Area
  • Cap Rate 6.30%

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Presented By

Patrick Smith/Dylan Puchniak/Vigo Moniz
Sales Representatives

info@ottawaliveshere.com

www.ottawaliveshere.com

819-918-0038

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Coldwell Banker Rhodes & Company
Brokerage

100 Argyle Ave, Ottawa, Ottawa Ontario K2P 1B6

613-236-9551

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