Investors, take note! This purpose-built triplex presents an exceptional opportunity with a favorable 4.7% cap rate and potential for future growth. The property features three spacious units, including a renovated 3-bedroom and 2-bedroom unit on the main and upper floor, both with large windows, natural light, hardwood floors, and modern kitchens equipped with dishwashers. The lower 2-bedroom unit boasts high ceilings and oversized windows, creating a bright, inviting atmosphere. The top floor unit has private laundry, while the main and lower units share a convenient laundry area. Additional highlights include a large deck on the top floor, a tranquil yard with no rear neighbors, and separate utilities which tenants are responsible for. The lower and main units are month-to-month, while the upper unit is on a one-year lease. With generous living spaces, natural light, and a well-maintained property, this triplex offers an ideal investment opportunity with the potential for owner-occupancy or future upside. (id:13843)
MLS# | X11973902 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Days On Site | 70 |
Listing Provided By | RE/MAX HALLMARK REALTY GROUP | DAN ORR |
Bed(s) | 7 |
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Bath(s) | 3 Total |
Basement | Y |
Story(s) | 2 |
Zoning | R4E |
Province | ON |
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City | Ottawa |
Postal Code | K1L5H8 |
Listing VS Median (in K1L5H8) | |
Price: $899,900 low | high Med: $0 On site: 70 low | high Med: |