LOADING

338 Olmstead Street Ottawa, Ontario K1L 7K3

Baseboard Heaters, Forced Air

$799,000

PERFECT for a long-term investor and someone who wants to build in 10 years - ASK MOE about the plan! FIRE RETROFIT and fire prevention system installed - Priced to sell! LOCATION! Across the street from a school and a short walk to two grocery stores, public transit, and parks. INVESTMENT OPPORTUNITY... This is an 8-UNIT (3 units confirming and 5 non-confirming) APARTMENT Building. All units are self-contained with their own bathroom and kitchen. Fully rented to long-term tenants. The owner has operated this for over 30 years. Looking to possibly retire. There are 2-2bedrms, 1-1bedrm, 5 bachelors with a Net Operating Income of $54,784.00/yr (not incl Maintenance and Mgmt). LOTS to offer here at an UNBEATABLE Return on Investment! (Viewing times vary). Seller is looking for buyers with 30% downpayment+, CASH BUYERS preferred. ***Please drive by/walk the outside BEFORE booking a viewing to the inside; to respect and not disturb the tenants.*** RENT ROLL AVAILABLE - no seller financing (id:37684)

Property Details

MLS® Number 1227196
Property Type Multi-family
Neigbourhood Vanier South
Community Name Vanier
Parking Space Total 3

Building

Exterior Finish Siding, Stucco
Heating Fuel Natural Gas, Electric
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 70 Ft
Size Frontage 50 Ft
Size Irregular 50 Ft X 70 Ft
Size Total Text 50 Ft X 70 Ft
Zoning Description Residential

https://www.realtor.ca/real-estate/22848604/338-olmstead-street-ottawa-vanier-south

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