Ottawa, ON K1L7N2 244 HANNAH STREET
$699,000
4 more
Presented By: ROYAL LEPAGE TEAM REALTY
Beds • 7
Baths • 5
SQFT • 1100 - 1500
Garage • 1
Home Details
Fantastic Investment opportunity with a STRONG CAP RATE! Legal duplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $55,500/year. Unit 1: 3 bed/1 bath rented at $1,925/month (plus hydro). Unit 2: 4 bed/4 bath rented at $2,700/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 250, 256, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. (id:7434)
Presented By: ROYAL LEPAGE TEAM REALTY
Interior Features for 244 HANNAH STREET
Bedrooms
Bedrooms7
Other Interior Features
Basement TypeCrawl space
Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeBaseboard heaters
Living Area Range1100 - 1500
General for 244 HANNAH STREET
Building Cooling TypeWindow air conditioner
Building TypeDuplex
Building.StoriesTotal2
CommunityName3402 - Vanier
Foundation TypeConcrete
Location DescriptionMontreal Road & Hannah Street
Parking Space Total6
Property TypeMulti-family
Zoning DescriptionR4UA-c
Exterior for 244 HANNAH STREET
Exterior FinishStucco
SewerSanitary sewer
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty