114 DALY AV, Ottawa, Ontario, K1N 6E7 Ottawa ON CA
Property Details
7
3
Sandy Hill
Residential
Description
A+ investment opportunity in this fabulous downtown 4plex consisting of 3 spacious 2 bedroom units and a 1 bedroom unit in the lower level. Loving held in the same family for 40+ years. Countless updates and improvements with functional elements that you simply do not see in the 'average multi units'. New roof 2022 (21K), updated wiring throughout, newer electrical panels and service, quality boiler, extensive foundation work and repointing, rebuilt front porch, quality metal rear fire escape, etc. Located in an undeniably strategic location moving forward and just a short walk to Ottawa U, Byward Market, LRT, Rideau Canal, DFAIT, Ottawa's financial district and Parliament Hill. Parking for 3 vehicles, 2 bay carports w 5 ingenious storage lockers, workshop storage area, an a wide paved laneway. Excellent professional tenants that pay below market rent. Many ways to improve revenue, excellent addition to your portfolio $84,480.00 Income/4.8% CAP*** (@FMV it generates +$5580.00/yr!!!) Gorgeous building is a half block west from King Edward and 8 min walk to the Canal, between King Edward and Cumberland. Walk everywhere, LRT only blocks away, 2 mins to 417. Walkscore of 97, Transit Score 100 and Bike Score of 97. Find out more about this property. Request details here
Location
Address
K1N 6E7, Ottawa, Ontario, Canada
City
Ottawa
Features and Finishes
new roof 2022, updated wiring, newer electrical panels and service, quality boiler, extensive foundation work and repointing, rebuilt front porch, metal rear fire escape, parking for 3, storage lockers, workshop storage, paved laneway
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