382 Brant Street Ottawa, Ontario K1L 6V6
$1,070,000
Updated and meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks & the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 separate hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5% cap rate today for well below the cost to acquire land, pay development/permit fees & construction costs. 5 x stoves, 5 x fridges, 2 x dishwashers. (id:47824)
Property Details
| MLS® Number | 1389797 |
| Property Type | Multi-family |
| Neigbourhood | Castle Heights |
| Amenities Near By | Public Transit, Shopping |
| Community Features | Family Oriented |
| Features | Flat Site |
| Parking Space Total | 5 |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1959 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Stucco |
| Fire Protection | Smoke Detectors |
| Flooring Type | Linoleum, Ceramic |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 72 Ft ,6 In |
| Size Frontage | 57 Ft ,1 In |
| Size Irregular | 57.08 Ft X 72.47 Ft |
| Size Total Text | 57.08 Ft X 72.47 Ft |
| Zoning Description | R4ua |
Utilities
| Fully serviced | Available |
https://www.realtor.ca/real-estate/26834273/382-brant-street-ottawa-castle-heights
Broker of Record
(613) 769-1254
www.subhir.com/
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July 26 2024 07:12:58
Ottawa Real Estate Board
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