For Sale

$1,731,000.00

184 MURRAY STREET , Ottawa, Ontario K1N5M8

Remarks

INCOME NUMBERS ADJUSTED DUE TO DATA ENTRY ERROR!!! Property price reflects a projected 4.75 cap rate! Rare turnkey investment opportunity for a completely renovated fourplex, complete with fire retrofit, two blocks from the hottest street in the market! All units have been gorgeously updated with beautiful modern finishings throughout. Each of the two 1 bedroom & two 3 bedroom apartments come with their own hydro meters and Brand NEW ductless AC and heat. With a total of 8 bedrooms and an additional 8 parking spots this building has HIGH income potential. Each parking spot alone can be rented for $150/month. Better still, all units are vacant giving you the perfect opportunity to pick your tenant and set your rent price at the new high market rents. All rents are projected for long-term tenants, but the Airbnb potential is also there for much more! (id:7526)

Property Summary

  • Neighbourhood: Lower Town/Byward Market
  • Lot Frontage: 33.1 Feet
  • Lot Depth: 105.0 Feet
  • Lot Size: 33.1 ft X 104.96 ft
  • No. of Parking Spaces: 8
  • Zoning: Residential

Property Features:

  • Access Type:
    Highway access
  • Amenities Nearby:
    Public Transit , Recreation Nearby , Shopping
  • Lease Type:
    Gross
  • Parking Type:
    Surfaced
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system

Building Features:

  • Basement Development:
    Partially finished
  • Basement Type:
    Full
  • Building Type:
    Fourplex
  • Construction Style - Attachment:
    Attached
  • Cooling Type:
    Wall unit
  • Exterior Finish:
    Brick
  • Flooring Type :
    Laminate , Tile
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Baseboard heaters , Hot water radiator heat

Office Listing: 

Kevin Feely , Salesperson

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