$ 699,900
48 BELL STREET N Ottawa, ON K1R7C7
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$ 699,900
Est. payment | /mo
$ 699,900
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Centre Town
MLS® Listing ID 1419434
Originating Board Ottawa Real Estate Board
Year Built 1900
Property Description
Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling None
Flooring Hardwood, Laminate, Tile
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by EXP REALTY