Ottawa, ON K1Y1R7 10 SHERBROOKE AVENUE
$1,299,000



24 more

























Presented By: ROYAL LEPAGE PERFORMANCE REALTY
Home Details
Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredibleopportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinderblock four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unitdwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters.This turn key investment property has over 5% cap rate and is fully rented with ideal tenants and grosses an annual income of $93,600. Lookingto increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there aremany possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charmingcafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity. (id:7434)
Presented By: ROYAL LEPAGE PERFORMANCE REALTY
Interior Features for 10 SHERBROOKE AVENUE
Bedrooms
Bedrooms2+2
Other Interior Features
Basement TypeFull
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Living Area Range1500 - 2000
General for 10 SHERBROOKE AVENUE
Building AppliancesAll, Furniture, Window Coverings
Building Architectural StyleRaised bungalow
Building Cooling TypeCentral air conditioning
Building TypeFourplex
Building.StoriesTotal1
CommunityName4203 - Hintonburg
Foundation TypeBlock
Location DescriptionWellington Street
Parking Space Total3
Property TypeMulti-family
Exterior for 10 SHERBROOKE AVENUE
Exterior FinishSteel, Wood
SewerSanitary sewer
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty