$919,000

Investment For Sale In West Centertown, Ottawa, Ontario

$919,000

Property Information:

Welcome to 48 Louisa. Investment opportunity; four plex in West Centre town zoned R4T. Located on an oversize lot (49.93ft x 91.84ft) in a thriving neighbourhood perfect for young professionals. Walking distance to Little Italy. Large home that houses 3 units & separate bungalow, four units in total. APT. 1 - Featuring 2 bedrooms, oversized family room, modern bathroom & front yard patio area -> Rented at $2,300/monthly (electricity, heat, water included). APT. 2 - Bachelor with convenient balcony access & bathroom -> Rented at $1,350/monthly (electricity, heat, water included). APT. 3 - Featuring 1 bedroom + den/office & 1 bathroom -> Rented at $1,486/monthly (Rent going up to $1,523 Jan. 1st, 2025 / electricity, heat, water included). APT. 4 - Featuring 2 bedrooms, 1 bathroom & private exclusive yard -> Rented at $1,194/monthly (hydro paid by tenant). Shared pay per use laundry in the basement adding approx. $800 in yearly income. 5 surface outdoor parking. Great current & future value. BOOK YOUR PRIVATE SHOWING TODAY!!! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Stucco
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 91.5 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 91.5 FT
  • Zoning: R4T
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.