206 Blackburn Avenue, Ottawa, Ontario K1N8A8
Listing courtesy of AVENUE NORTH REALTY INC..
- $1,749,900
- 10
- BD
- 5
- BA
- List Price
- $1,749,900
- MLS®
- X13549418
- Days on Market
- 18
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 10
- Bathrooms
- 5
- Lot Size Dimensions
- 31 x 100 FT
- Subdivision
- 4004 - Sandy Hill
Property Description
5.6% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 5.6%. (id:5764)
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Additional Information
- Subdivision
- 4004 - Sandy Hill
- Parking Spaces
- 2
- Fireplaces
- 1
- Cooling
- Central air conditioning
- Country
- Canada
- Flooring
- Tile, Hardwood, Laminate
- Sewer
- Sanitary sewer
- Community Features
- Community Centre
- Heating
- Forced air, Natural gas
- Lot Features
- Carpet Free
- Stories
- 2
