114 Daly Avenue Ottawa, Ontario K1N 6E7
$1,299,000
PRICE REDUCED now 5.2% CAP investment opportunity! Rock solid central 4plex consisting of 3 spacious 2 bed units + 1 bed unit. Loving held in the same family for 40+ years. Countless updates and improvements with functional elements that you simply do not see in the 'average multi units'. New roof 2022 (21K), updated wiring throughout, newer electrical panels and service, quality boiler, extensive foundation work and repointing, rebuilt front porch, quality metal rear fire escape, etc. Located in an undeniably strategic location moving forward and just a short walk to Ottawa U, Byward Market, LRT, Rideau Canal, DFAIT, Ottawa's financial district and Parliament Hill. Parking for 3 vehicles, 2 bay carports w 5 ingenious storage lockers, workshop storage area, an a wide paved laneway. Excellent professional tenants that pay below market rent. Many ways to improve revenue, excellent addition to your portfolio $84,480.00 Income/5.2% CAP @FMV it can generate +$5580.00/yr. A cash generator! (id:37684)
Property Details
| MLS® Number | 1337918 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Parking Space Total | 3 |
| Structure | Deck |
Building
| Amenities | Storage - Locker |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Brick |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Flooring Type | Hardwood, Tile, Vinyl |
| Foundation Type | Poured Concrete, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Carport |
Land
| Access Type | Highway Access |
| Acreage | No |
| Current Use | Development Residential |
| Fence Type | Fenced Yard |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Landscape Features | Partially Landscaped |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft |
| Size Frontage | 25 Ft |
| Size Irregular | 25 Ft X 99 Ft |
| Size Total Text | 25 Ft X 99 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/25498378/114-daly-avenue-ottawa-sandy-hill
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July 31 2023 07:41:31
Ottawa Real Estate Board
Royal LePage Performance Realty
