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95/97 CONCORD STREET N
SANDY HILL Ottawa K1S 0Y7

$1,800,000
Multi-family built: 1877

Main Photo: 95/97 CONCORD STREET N in Ottawa: Multi-family for sale : MLS®# 1391393
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1391393
Year Built:
1877
Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Transaction Type:
For sale
Zoning:
R4UD
Ownership Type:
Freehold
Property Management Company:
Self -
Taxes:
$10,717 / 2023
Community:
SANDY HILL
Exterior Features:
Brick
Age:
147 years
Exterior Finish:
Brick
Fireplace:
No
Foundation:
Stone
Heating:
Hot water radiator heat, Radiant heat, Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Frontage:
66'
Lot Depth:
98'
Acreage:
No
Lot Size:
66.05 ft X 98.82 ft
Lot Details:
66.05 ft X 98.82 ft
Total Parking Spaces:
7
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Listed by CENTURY 21 SYNERGY REALTY INC
Data was last updated October 30, 2024 at 03:45 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$4,295,000
Min list price:
$999,900
Max list price:
$4,295,000
Avg days on market:
122
Min days on market:
25
Max days on market:
417
These statistics are generated based on the current listing's property type and located in Sandy Hill. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.