$ 1,698,800
179-181 CATHCART STREET Ottawa, ON K1N5C1
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$ 1,698,800
Est. payment | /mo
$ 1,698,800
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Lower Town
MLS® Listing ID 1415353
Originating Board Ottawa Real Estate Board
Year Built 1929
Property Description
Turn-key investment property in an ideal location, steps to embassies, government buildings, trails, shops and the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated and upgraded from top to bottom, absolutely everything is done! Best of all, it brings in almost 100k of annual rent with it's 3 large apartments. Tall ceilings, huge rooms, stunning kitchens, beautiful curb appeal, two upstairs balconies and one main floor deck, 2 parking spaces, 3 separate private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with the city. Upstairs is tenanted for $3100, Main floor tenants pay $2950 and basement is vacant (market rent is $2100). Upgrades include: All appliances 2023, Roof 2024, Boiler 2023, heat/AC pumps 2023 and lots more! This one is cash flow positive with today's interest rates and so easy to rent! (id:24570)
Location
Province ON
Interior
Heating Heat Pump, Radiant heat
Cooling Heat Pump
Flooring Hardwood, Tile
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by ROYAL LEPAGE TEAM REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "