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$ 3,549,000
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258, 260, 262, 264 BRONSON AVENUE S Ottawa, ON K1R6H8
7,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $492
Subdivision 4204 - West Centre Town
MLS® Listing ID X11980773
Originating Board Ottawa Real Estate Board
Property Description
Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.6 Cap Rate when fully rented) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to LRT Station, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with an estimated potential rent of $2,900 per month (top 3-bedroom unit is fully completed & presently occupied by one of the owner's and lower unit is semi finished). Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $198,600 - Estimated Gross Expenses are $32,491.66 - Estimated New Income before mortgage costs are $166,108,34. (id:24570)
Location
Province ON
Interior
Heating Other
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 15
Private Pool No
Listed by RE/MAX HALLMARK REALTY GROUP
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