9 Beds 8 Bath

458 NELSON Street, LowerTownSandyHill, ON K1N 7S8

Lower Town - Sandy Hill K1N 7S8 Ontario

MLS: X9516445

$2,650,000

Added 18 days ago | For Sale

Listed by: EXP REALTY

About Property

A great investment opportunity is available in the heart of Ottawa with this four-unit building. Each spacious unit features four bedrooms and one six-bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($193,834.73) Yearly Expenses: ($68,387.86) Net Income: ($125,446.87). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income.

Features

  • House Style:Fourplex
  • Bathrooms:8
  • Land Size: 34.15 X 101.21
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:From Queensway take Kind Edward, Mann Ave, Right on Templeton and left on Nelson
  • Basement:Full,Finished , Full,Finished
  • Possession Date:TBD
  • Annual Property taxes: $19399
  • Bedrooms:9 +4
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X9516445

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