222 Deschamps Avenue Vanier And Kingsview Park, Ontario K1L 5Y9
$999,000
INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012. (id:43934)
Property Details
MLS® Number | X9518113 |
Property Type | Multi-family |
Neigbourhood | Vanier |
Community Name | 3402 - Vanier |
ParkingSpaceTotal | 1 |
Building
BasementDevelopment | Finished |
BasementType | Full (finished) |
ExteriorFinish | Stucco |
HeatingFuel | Natural Gas |
HeatingType | Radiant Heat |
Type | Multi-family |
UtilityWater | Municipal Water |
Land
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 64 Ft ,3 In |
SizeFrontage | 56 Ft ,10 In |
SizeIrregular | Unit=56.91 X 64.26 Ft ; 1 |
SizeTotalText | Unit=56.91 X 64.26 Ft ; 1 |
ZoningDescription | R4e |
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