382 Brant Street Ottawa, Ontario K1L 6V6

$1,070,000

Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers. (id:43934)

Property Details

MLS® Number	1419981
Property Type	Multi-family
Neigbourhood	Castle Heights
ParkingSpaceTotal	5

Building

ConstructedDate	1959
CoolingType	None
ExteriorFinish	Brick, Stucco
HeatingFuel	Natural Gas
HeatingType	Hot Water Radiator Heat
StoriesTotal	2
UtilityWater	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
SizeDepth	72 Ft ,6 In
SizeFrontage	57 Ft ,1 In
SizeIrregular	57.08 Ft X 72.47 Ft
SizeTotalText	57.08 Ft X 72.47 Ft
ZoningDescription	R4ua

https://www.realtor.ca/real-estate/27638735/382-brant-street-ottawa-castle-heights