109 Melrose Avenue Ottawa, Ontario K1Y 3K6
$879,000
Exciting Opportunity! This remarkable property, located in the sought-after Hintonburg neighborhood, presents a unique proposition. With each unit priced at an attractive $449,500, both homes have undergone extensive renovations, boasting updated kitchens and bathrooms. The windows were upgraded in 2006 with LowE technology. Both furnaces were replaced in 2014. Currently, The building consists of two, 2 bedroom units with one unit offering an additional Den. One unit is vacant while the other unit is occupied by reliable tenants, generating a solid rental income of $2300 per month per unit. This property offers various potential options for you to explore: you could choose to sever the properties and sell them individually, live in one and rent out the other, or even combine them into a single spacious home. The opportunities are endless, allowing you to generate income while considering your next move. Close to transit, parks and shopping. 24 hrs irrevocable on offers as per form 244 (id:37684)
Property Details
| MLS® Number | 1343690 |
| Property Type | Multi-family |
| Neigbourhood | HINTONBURG |
| Amenities Near By | Public Transit, Shopping |
| Parking Space Total | 2 |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1917 |
| Cooling Type | None |
| Exterior Finish | Stone, Brick, Siding |
| Flooring Type | Hardwood, Laminate, Tile |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 42 Ft |
| Size Frontage | 47 Ft |
| Size Irregular | 47 Ft X 42 Ft |
| Size Total Text | 47 Ft X 42 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/25682640/109-melrose-avenue-ottawa-hintonburg
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July 31 2023 07:41:14
Ottawa Real Estate Board
Keller Williams Integrity Realty
