1016-1018 Maitland Avenue Ottawa, Ontario K2C 2B6
$2,100,000
HEY SAVVY MONEY MAGNETS - 6% cap rate. Explore this fully-occupied fourplex in the city's vibrant west end and with easy highway access. The property comprises five unique apartments, each with high ceilings, large windows, in-unit laundry, and a fully-equipped kitchen. Enjoy the added benefit of ample surface parking and its potential to generate additional income. The property comes with five hydro meters and four owned hot water tanks as well. Occupancy permits for four units are already in place. This strategic location and the building's modern aesthetics make it an ideal opportunity for potential investors. Maybe this is where your dream of an AirB&B empire begins. (id:37684)
Property Details
| MLS® Number | 1347186 |
| Property Type | Multi-family |
| Neigbourhood | Woodward Industrial Park |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Features | Balcony |
| Parking Space Total | 7 |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1960 |
| Construction Style Attachment | Attached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Stone, Siding |
| Fire Protection | Smoke Detectors |
| Flooring Type | Tile, Vinyl |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 123 Ft ,10 In |
| Size Frontage | 50 Ft |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac |
| Size Total Text | 0.14 Ac |
| Zoning Description | R2f |
Interested?
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July 31 2023 07:40:54
Ottawa Real Estate Board
RE/MAX Hallmark Jenna & Co. Group Realty
