95/97 Concord Street N, Ottawa, Ontario K1S 0Y7 (28131563)
95/97 Concord Street N Ottawa, Ontario K1S 0Y7
$1,600,000
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 cap rate of over 6% 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 newer 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:47824)
Property Details
| MLS® Number | X12067049 |
| Property Type | Multi-family |
| Neigbourhood | Old Ottawa East |
| Community Name | 4408 - Ottawa East |
| Parking Space Total | 7 |
Building
| Heating Type | Radiant Heat |
| Size Exterior | 6512.16 Sqft |
| Size Interior | 6512 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 98 Ft ,9 In |
| Size Frontage | 66 Ft |
| Size Irregular | Bldg=66.05 X 98.82 Ft ; 0 |
| Size Total Text | Bldg=66.05 X 98.82 Ft ; 0 |
| Zoning Description | R4ud |
https://www.realtor.ca/real-estate/28131563/9597-concord-street-n-ottawa-4408-ottawa-east
Interested?
Contact us for more information
Ryan Philippe
Salesperson
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9
Curtis Murphy
Salesperson
curtis-murphy.c21.ca/
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9
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May 21 2025 07:33:09
Ottawa Real Estate Board
Century 21 Synergy Realty Inc