Visit the REALTOR website for further information about this Listing. Turn-key 4-unit multifamily in east-central Ottawa. One 2-bed/1-bath, one 2-bed/2-bath, and two 1-bed/1-bath units. Approx. $90,000 gross income and projected NOI near $71,000 - a 6.47% cap rate at $1,100,000. All renovated in 2018/2019. Approx. $90,000 gross income and projected NOI near $71,000 - a 6.47% cap rate at $1,100,000. Recent capital work: pavement (2023), exterior cladding (2023), windows (2019), roof (2019). Steps from Beechwood, with quick access to the Montfort Hospital, downtown Ottawa, the University of Ottawa, the Byward Market and the rest of Ottawa through the nearby highway 417. CM1 zoning may support future development (buyer to verify). Furnace and hot water tank rental from Enercare. Offered as-is; figures to be verified. Professionally managed by Easy Street Services. (id:55689)
| MLS® Number | X13651230 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| Equipment Type | Water Heater, Furnace |
| Features | Irregular Lot Size |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater, Furnace |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Basement Type | Crawl Space |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco, Vinyl Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 47 Ft |
| Size Frontage | 70 Ft |
| Size Irregular | 70 X 47 Ft |
| Size Total Text | 70 X 47 Ft |
https://www.realtor.ca/real-estate/30129128/205-marier-avenue-ottawa-3402-vanier
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