9 Beds 8 Bath

460 NELSON St

Lower Town - Sandy Hill K1N 7S8 Ontario

MLS: X9516447

$2,500,000

Added 3 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. Building features 2 spacious five bedrooms units , one 4 bedroom 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.

Features

Gross Income: ($182,254.23) Yearly Expenses: ($65,293.51) Net Income: ($116,960.72). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income.

  • House Style:Fourplex
  • Bathrooms:8
  • Land Size:
  • Water:Municipal
  • Garage Spaces:0 /None
  • Driveway:Available
  • Heating Fuel:Gas
  • Cross Street:Take Queensway to Kind Edward,
  • Basement:Finished , Full
  • Possession Date:TBD
  • Annual Property taxes: $20882
  • Bedrooms:9 +4
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:Stucco/Plaster
  • Fronting On:S
  • Front Footage:45.81
  • Listing ID:X9516447

Rooms Dimensions Description

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