95/97 Concord Street N, Ottawa, Ontario K1S 0Y7 (28131563)

95/97 Concord Street N Ottawa, Ontario K1S 0Y7

6,512 ft2
Radiant Heat

$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:61072)

Property Details

MLS® Number X12067049
Property Type Multi-family
Community Name 4408 - Ottawa East
Parking Space Total 7

Building

Heating Type Radiant Heat
Size Exterior 6512.16 Sqft
Size Interior 6,512 Ft2
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

Contact Us

Contact us for more information

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Ryan Philippe
Salesperson

(613) 818-9811

Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9

(613) 317-2121
(613) 903-7703

Curtis Murphy
Salesperson

(613) 875-8400
curtis-murphy.c21.ca/

Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9

(613) 317-2121
(613) 903-7703

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