Ottawa, ON K1R7C7,48 BELL STREET N
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48 BELL STREET N Ottawa, ON K1R7C7


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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Centre Town

MLS® Listing ID 1418003

Originating Board Ottawa Real Estate Board

Year Built 1900

Property Description

Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers. (id:24570)

Location

Province ON

Interior

Heating Forced air

Cooling None

Flooring Hardwood, Laminate, Tile

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Municipal sewage system


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Listed by EXP REALTY

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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48 BELL STREET N