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135 Concord Street S Ottawa, Ontario K1S 0Z3

Hot Water Radiator Heat

$2,600,000

Substantially rebuilt 9-unit apartment building located within walking distance of Ottawa University Lee's Campus, Main Campus, and St Paul's University campus. Largely rebuilt down to the studs in 2019 from the basement to the roof. The long list of work included concrete repair, membrane around the foundation, plumbing infrastructure with water submeters for all units, electrical, upper roof, tankless boiler, radiators, windows, fire alarm system, asphalt, appliances, and completely remodeled units. All tenants pay for electricity and water in addition to their rent. Paid parking and coin laundry. Heating is a central tankless boiler system with high-efficiency radiators. All rents are currently quite below the market value giving the successful buyer a substantial upside opportunity. Tenants are a mix of students and young professionals. Rarely available, this is a long-term legacy investment opportunity for you and your family. No vendor mortgage is available. (id:43934)

Property Details

MLS® Number 1411198
Property Type Multi-family
Neigbourhood Ottawa East
ParkingSpaceTotal 7

Building

ConstructedDate 1950
ExteriorFinish Brick, Concrete, Wood Siding
FoundationType Poured Concrete
HeatingFuel Other
HeatingType Hot Water Radiator Heat
StoriesTotal 2
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 95 Ft ,10 In
SizeFrontage 61 Ft ,1 In
SizeIrregular 61.1 Ft X 95.8 Ft
SizeTotalText 61.1 Ft X 95.8 Ft
ZoningDescription R3p

https://www.realtor.ca/real-estate/27401310/135-concord-street-s-ottawa-ottawa-east

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