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1387-1389 Raven Avenue Ottawa, Ontario K1Z 7Y5

None Forced Air

$999,900

Investment opportunity. Introducing your prime investment in Carlington! This exceptional 4-unit multiplex blends convenience, comfort, and income potential. Perfectly situated for tenant appeal, with easy access to amenities. Two expansive 3-bed, 1-bath units on main and upper floors boast tasteful updates, ensuring tenant satisfaction. Plus, two renovated 1-bed, 1-bath basement apartments with private entrances provide desired privacy. Currently, three units are rented at market value, offering immediate 5.5% cap rate. Don't miss out on this lucrative opportunity! Schedule a viewing today and seize the potential of this remarkable investment gem! No Conveyance of any written signed offers prior to 3:00pm, May 14th 2024. Irrevocable 9pm on May 14th, if putting an offer. 24hrs notice required for showings, there are tenants. (id:47824)

Property Details

MLS® Number 1391127
Property Type Multi-family
Neigbourhood Carlington
Parking Space Total 4

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 1950
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Flooring Type Hardwood, Laminate, Ceramic
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Surfaced
Tandem

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 53 Ft
Size Irregular 53 Ft X 99 Ft
Size Total Text 53 Ft X 99 Ft
Zoning Description R2h

https://www.realtor.ca/real-estate/26870592/1387-1389-raven-avenue-ottawa-carlington


Francis Plant
Salesperson

(613) 229-9080
EXIT REALTY MATRIX
785 Notre Dame St, Po Box 1345
Embrun, Ontario K0A 1W0

(613) 443-4300
(613) 443-5743
www.exitottawa.com

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