256 HANNAH STREET|Ottawa, Ontario K1L7N2

CAD 725,000
For Sale MLS: X12314288

Property Details

Bedrooms

6

Bathrooms

6

Property Type

Multi-family

Description

MLS Number: X12314288

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 6 • Bathrooms: 6 • Building Type: Triplex • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: Detached Garage, Garage • Parking Spaces: N/A

Description: Fantastic Investment opportunity with a STRONG CAP RATE! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $65,520/year. Unit 1: 2 bed/2 bath rented at $1,695/month (all inclusive). Unit 2: 2 bed/2 bath rented at $2,295/month (all inclusive). Unit 3: bachelor/2bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. (40982704)

Agent Information: • Agents: Charles Khouri • Contact: 613-864-3327 • Brokerage: ROYAL LEPAGE TEAM REALTY • Website: http://www.teamrealty.ca/

Time on Realtor: 16 hours ago

Location

Address

256 HANNAH STREET|Ottawa, Ontario K1L7N2

City

Ottawa

Features and Finishes

None

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