Ottawa, ON K1L7C9 320 ALTHA AVENUE
$1,449,000
25 more
Presented By: COLDWELL BANKER RHODES & COMPANY
Home Details
Exceptional investment opportunity in Ottawa. Quality constructed, well managed 4-unit + bonus apt is a high earner. With concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:7434)
Presented By: COLDWELL BANKER RHODES & COMPANY
Interior Features for 320 ALTHA AVENUE
Other Interior Features
Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentTrue
Building Fireplace Total1
Building Heating FuelElectric
Building Heating TypeBaseboard heaters
Construction Style AttachmentAttached
Flooring TypeMixed Flooring
General for 320 ALTHA AVENUE
AmenitiesPublic Transit, Recreation Nearby, Shopping
Building Cooling TypeNone
Building TypeFourplex
Building.StoriesTotal2
Foundation TypePoured Concrete
Lease TypeOther, See Remarks
NeighbourhoodVanier
Parking Space Total3
Property TypeMulti-family
Zoning DescriptionR4
Exterior for 320 ALTHA AVENUE
Exterior FinishSiding
Land Amenities Public Transit, Recreation Nearby, Shopping
Land Current UseDevelopment residential
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty