Ottawa, ON K1M0P3 11-1,2,3; 13-1,2,3 - 11 & 13 ACACIA AVENUE
$2,275,000



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Presented By: DIGI BROKERAGE
Home Details
Fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. New bathrooms, kitchens, flooring, fridges, dishwashers, washer-dryers, microwaves and hot water tanks in all units in winter of 2021. New wiring and plumbing throughout. Building fully occupied with young professionals. Average lease length of 2 years, creating ample opportunity to increase rents to market value without additional capital improvements. Annual gross income of $143k. NOI of $121k. Electric heat, separate meters for each unit, tenants pay hydro. Two 1 bedroom garden-level walkout units with their own green space. Two 1 bedroom 1st floor units with private, west facing decks. Two 1 bedroom and den 2nd story units with private, east facing decks. Units rent from $1,800/ month to $2,200/month. Parking for 6 cars in adjacent lot. Rent roll for all 6 units available. Finacial statements prepared by accounting firm available, recent survey available. Safe, popular, leafy neighbourhood with many attractive amenties within short walking distance, including Metro, LCBO, Starbucks, Bridgehead, Pet Value, restaurants and specialty shops. Bike and jogging paths, and winding, secluded streets of Rockliffe Park only a stones throw away. Great location and excellent investment opportunity. (id:7434)
Presented By: DIGI BROKERAGE
Interior Features for 11-1,2,3; 13-1,2,3 - 11 & 13 ACACIA AVENUE
Bedrooms
Bedrooms
Other Interior Features
Building Fireplace PresentFalse
Building Heating TypeBaseboard heaters
Living Area Range4200
General for 11-1,2,3; 13-1,2,3 - 11 & 13 ACACIA AVENUE
AmenitiesPublic Transit
Building Age51 to 99 years
Building TypeMulti-Family
Business Sub TypeApartments
Business TypeResidential
CommunityName3302 - Lindenlea
Location DescriptionBeechwood and Acacia
Property TypeMulti-family
Zoning DescriptionRU4D
Exterior for 11-1,2,3; 13-1,2,3 - 11 & 13 ACACIA AVENUE
Land Amenities Public Transit
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty