258 Hannah Street Ottawa, Ontario K1L 7N2

$699,000

Fantastic Investment opportunity with a STRONG CAP RATE! Legal triplex on a 31x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $59,160/year. Unit 1: 2 bed/2 bath rented at $1,900/month (all inclusive). Unit 2: 2 bed/2 bath rented at $1,535/month (all inclusive). Unit 3: bachelor/2 bath rented at $1495/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 256 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. (id:43934)

Property Details

MLS® Number	X12314289
Property Type	Multi-family
Community Name	3402 - Vanier
Parking Space Total	6

Building

Bathroom Total	6
Bedrooms Above Ground	4
Bedrooms Total	4
Basement Development	Finished
Basement Type	Full (finished)
Cooling Type	Central Air Conditioning
Exterior Finish	Stucco
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,100 - 1,500 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	31 Ft
Size Irregular	31 X 100 Ft
Size Total Text	31 X 100 Ft
Zoning Description	R4ua-c

https://www.realtor.ca/real-estate/28668417/258-hannah-street-ottawa-3402-vanier