Ottawa, ON K1T1E4 1422 GOTH AVENUE
$1,200,000
16 more
Presented By: EXP REALTY
Home Details
This property offers 5 units and is situated on a spacious 100x100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. Main house could be used by buyer ($2800) and still have 4 other incomes from other units. The mechanical room has a fire sprinkler system installed. It is in close to parks, public transit (OC Transpo Bus Stop at door on Albion Road), Walmart, South keys shopping centre and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don't miss out on this one! (id:7434)
Presented By: EXP REALTY
Interior Features for 1422 GOTH AVENUE
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelOther
Building Heating TypeOther
General for 1422 GOTH AVENUE
Building.StoriesTotal2
Foundation TypeBlock
NeighbourhoodSouth Keys
Ownership TypeFreehold
Parking Space Total8
Property TypeMulti-family
Zoning DescriptionR4Z
Exterior for 1422 GOTH AVENUE
Exterior FinishBrick, Siding
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty