Ashok Kaushik, Sales Representative
Realty Executive Alison Ltd. Brokerage
Suite 100
727 Lansdowne St.W
Peterborough, ON K9J 1Z2 Phone: 705 760 3599 Mobile: 1 705 760 3599 Fax: 1 705 750 0345 Email Ashok
Residential, Commercial, Industrial & Investment Real Estate World Wide

Sandy Hill (Ottawa, Ontario, CA - K1N 7S6) Built

$1,900,000
Reduced by $100,000! Call Today!

Realty Executive Alison Ltd. Brokerage

Ashok Kaushik, Sales Representative Ashok Kaushik, Sales Representative 705 760 3599 (Office) 1-888-749 9229 (Office) 1 705 760 3599 (Cell) 1 705 750 0345 (Fax) Request More Info

  • Cap Rate of 7.9%!!
  • Type: Multifamily
  • Style: Multiplex
  • Bedrooms: 9 "7 units total: 1x4 Bdrm, 1x3 Bdrm, 1x2 Bdrm, 1 large bachelor, 3 small bachelors, and a Mini office"
  • Bathrooms: 7 "One in every unit"
  • Garage: "Open"
  • Development Level: Built
  • Lot Type: Rectangular
  • Lot Size: 40ft x 128ft
  • Year Built: 1900 "Approximate"
  • Taxes: $8,418.00 (2017)
  • MLS ® #: 1145947

Description

Owner retiring. Bank Appraised the property for $1.8 M with a cap rate of 7.9%. Proofs of down payment and a mortgage approval or proof of cash money is required before and showing. fully renovated from top to button (2004-2018) with over $500,000.00 worth of improvements, including new windows and doors, new roof, updated kitchens and Bathrooms for all units, ceramic tiles and more! All the units are fully and tastefully furnished and come with the sale of the building. Also includes 7 Stoves, 9 Fridges, and 9 A/C. The building is three stories, 1x4 Bdrm, 1x3 Bdrm, 1x2 Bdrm, 1 large bachelor, 3 small bachelors, and a Mini office, Storage, and 9 Parking spots (always in hot demand). Walking distance to Ottawa U & all Amenities. (property sells as is, Zoning shall be verified by buyer). Excellent Location for Airbnb. A must see! Call Now!

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