8 Bedroom
6 Bathroom
4,200 ft2
Partially Air Conditioned
Baseboard Heaters
$2,575,000
REMARKS FOR CLIENTS: Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, and a parking lot that is2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; owned hot water tanks; fridge/stove/dishwasher/ microwave. Separate electrical panels in each unit with separate external meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI =$118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, a full BMO branch; RBC ATM and LCBO are a 10-minute walk away on Beechwood; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being redeveloped and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for leisurely walks, joggers & dog walkers. Great location for renters and investors alike.OFFER REMARKS: Listing agent owns the building. Offers to be accompanied by appropriate disclosure acknowledgement. 24 hours notice for viewing as a tenant courtesy. (id:37684)
Business
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Business Type
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Residential |
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Business Sub Type
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Apartments |
Property Details
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MLS® Number
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X13558532 |
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Property Type
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Multi-family |
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Community Name
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3302 - Lindenlea |
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Amenities Near By
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Public Transit, Recreation |
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Features
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Irregular Lot Size |
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Parking Space Total
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6 |
Building
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Bathroom Total
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6 |
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Bedrooms Total
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8 |
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Age
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51 To 99 Years |
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Appliances
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Dishwasher, Dryer, Water Heater, Microwave, Washer |
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Cooling Type
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Partially Air Conditioned |
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Heating Type
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Baseboard Heaters |
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Size Exterior
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4200 Sqft |
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Size Interior
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4,200 Ft2 |
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Type
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Multi-family |
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Utility Water
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Municipal Water |
Land
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Acreage
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No |
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Land Amenities
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Public Transit, Recreation |
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Size Depth
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142 Ft |
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Size Frontage
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40 Ft ,1 In |
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Size Irregular
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Bldg=40.09 X 142 Ft ; North Line = +13 Ft Vs. South Line |
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Size Total Text
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Bldg=40.09 X 142 Ft ; North Line = +13 Ft Vs. South Line |
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Zoning Description
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Rud4 |
https://www.realtor.ca/real-estate/30027434/11-s1-3-13-s-1-3-1113-acacia-avenue-ottawa-3302-lindenlea