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Home ON Ottawa - Gatineau Ottawa Lowertown
62-64 COBOURG STREET
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$985,000
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62-64 COBOURG STREET
Ottawa, Ontario K1N8G8

MLS® Number: 1245607
0
Bathrooms
-
Square Feet

Listing Description

Attention Investors- A fantastic opportunity to purchase a manageable building with a healthy cash flow in the heart of lower town. Fourplex building with each unit respectable in size and condition. No issue with vacancy. Desirable area for tenants with close proximity to Ottawa U, Transit in a rejuvenated neighbourhood. Two - 2 bedroom units s and Two -1 Bedroom units with good rent roll. Roof 2008, Windows 2010. The building is low maintenance with fantastic tenants. Cap rate just above 5% which is rare. A perfect building to add to your portfolio or for first-time investors. (5156378)

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
3
Neighbourhood Name
MacDonald Gardens
Land Size
33 ft X 66 ft
Built in
1900
Annual Property Taxes
$8,456
Parking Type
Surfaced
Time on REALTOR.ca
1364 days

Building

Bathrooms
Total
0
Partial
0
Interior Features
Flooring
Hardwood, Tile, Vinyl
Basement Type
Full (Unfinished)
Building Features
Style
Attached
Total Units
4
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Siding
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation Nearby, Water Nearby
Parking
Parking Type
Surfaced
Total Parking Spaces
1

Land

Lot Features
Frontage
33 ft
Land Depth
66 ft
Present Use
Development residential
Other Property Information
Zoning Description
R5L H(18) F ( 2.0)
Lease Type
Gross
Data provided by: Ottawa Real Estate Board 1256 Woodward, Ottawa, Ontario K2K 3L1

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