382 BRANT STREET

Ottawa, Ontario, K1L6V6, Canada

$1,070,000

Updated and meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5 x stoves, 5 x fridges, 2 x dishwashers.

EXTRAS: Flat site

Last updated on : Thursday 2nd of May 2024 06:11:19 PM

ADDRESS

Street : 382 BRANT STREET

City : Ottawa

Province : Ontario

Country : Canada

Postal Code : K1L6V6

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PROPERTY SUMMARY

Property ID : 1389797

Building Type : Fourplex, Attached

Property Type : Multi-family

Parking : 5

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