486-488 LISGAR STREET|Ottawa, Ontario K1R5H3

MLS Number: X12182254

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 8 • Bathrooms: 4 • Building Type: Fourplex • 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: No Garage • Parking Spaces: N/A

Description: Exceptional Investment Opportunity in the heart of Centretown. This brick side-by-side 3 Storey Fourplex has owner-occupier potential, with a currently vacant 3 bedroom unit, or set your own rent and choose your own tenant. Severance into two semi-detached duplexes is another excellent option with seperate hydro, furnaces, and water meters. Each semi has a one-bedroom main floor unit with full basement, laundry & rear deck & a three-bedroom 2nd/3rd floor unit with front porch. This well-maintained property has stable, long-term tenants, due to the convenient location with walkable access to all the amenities. Income $109K (if fully tenanted). Parking for 6 vehicles at rear of property, an exceptional asset in an urban setting (enter down lane beside 482 Lisgar). Whether you're looking to expand your investment portfolio, create multi-generational housing, or generate income while living downtown, this property offers tons of versatility. (40568417)

Agent Information: • Agents: Chris Coveny • Contact: 613-858-2188 • Brokerage: ROYAL LEPAGE PERFORMANCE REALTY

Time on Realtor: N/A