Ottawa, ON K1L5P6 142/144 MONTFORT STREET
$2,275,000
25 more
Presented By: SOLID ROCK REALTY
Home Details
This is a beautiful purpose-built 4-plex. Its gross income is over $120,000 per year. It is less than two years old, so it will require very little maintenance and will not require any capital expense for some time. Quality finishes throughout including quarts counters. Very short commute to downtown. Luxury townhouses are scheduled to be built on the adjacent corner. The 3-bedroom unit is currently vacant and could make for an amazing owner-occupied building. The property could be severed in the future if you wanted, as it has separate services from the street to each side. The upper unit has 3 bedrooms and a garage; the basement unit has 2 bedrooms and in-floor heating 144 is a mirror image of 138. The builder is willing for a fair price to convert the one 3 bedroom into one two-bedroom and one one-bedroom apartment so the building would become a 5 unit and qualify under the new construction MLI CMHC financing, which gives up to 95% financing and up to 50-year amortization. (id:7434)
Presented By: SOLID ROCK REALTY
Interior Features for 142/144 MONTFORT STREET
Other Interior Features
Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Building Heating FuelElectric, Natural gas
Building Heating TypeBaseboard heaters, Forced air
Construction MaterialWood frame
Construction Style AttachmentAttached
Flooring TypeLaminate, Ceramic
General for 142/144 MONTFORT STREET
Building Cooling TypeCentral air conditioning
Building TypeFourplex
Building.StoriesTotal2
Foundation TypePoured Concrete
Lease TypeNet
NeighbourhoodVanier
Parking Space Total4
Property TypeMulti-family
Zoning DescriptionR4UA
Exterior for 142/144 MONTFORT STREET
Exterior FinishBrick, Siding
Land Current UseDevelopment residential
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty