102 Cambridge Street N Ottawa, Ontario K1R 7A7

Baseboard Heaters


TURN-KEY INVESTMENT OPPORTUNITY IN WEST CENTRE TOWN Pride of ownership is apparent. Great investment, well managed and cared for by a conscientious longtime owner. Gross Effective Income $97,600, Net Operating Income $78,500. Huge addition, fire-retrofit, integrated fire alarm system, fire escape, electrical, plumbing, weeping tile, windows, doors, +++ in 2004/2006. Ongoing updates and upgrades over the years of ownership. Seven parking spots. Separate storage lockers for all units. Six apartments: 1 three-bedroom, 2 two-bedroom, 2 one-bedroom and 1 studio/bachelor. Three with in-unit laundry. Coin-op on site for the remaining three. Last unit updated was Unit 3 in 2015. Back roof shingles 2009, front 2019. Rents at today's market rate offer a 12% upside from current rents. Current landlord does not charge for parking. Add another $8400+/yr. Traffic-calmed street. 66’x99’ lot. Zoning R4UB. Call today for rent roll+details. Come make 102 Cambridge Street North your new investment! (id:37684)

Property Details

MLS® Number 1334542
Property Type Multi-family
Neigbourhood West Centre Town
Parking Space Total 7


Exterior Finish Brick, Siding, Wood
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Utility Water Municipal Water


Acreage No
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 66 Ft
Size Irregular 66 Ft X 99 Ft
Size Total Text 66 Ft X 99 Ft
Zoning Description R4ub



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