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6,426 ft²
Multifamily
$3,250,000
Sale



Rarely available downtown walk-up apartment building for sale. Comprised of 13 units, this building was extensively renovated in 2012. Replacements include roof, electrical, fire system, heating system, etc. Prime location along the Ottawa O Train line (LRT) and walking distance to all downtown. Current rent well below market providing Buyers significant upside potential going forward. Given the current zoning the site provides possible redevelopment opportunities when combined with adjacent listing at 467 Slater Street. Price: $3,250,000.00 Price Per Unit: $250,000/unit


The Space
Asking Price$3,250,000
Available Space6,426 ft²
Net Operating Income$113978
Property UseInvestment property
ZoningR5P [248] H(37) S146
Year Built1920
Year Renovated2012
Net Operating Income$113,978/yr

Bus Line
Commuter Rail
Parking

The Building

Rarely available downtown walk-up apartment building for sale. Comprised of 13 units, this building was extensively renovated in 2012. Replacements include roof, electrical, fire system, heating system, etc. Prime location along the Ottawa O Train line (LRT) and walking distance to all downtown. Current rent well below market providing Buyers significant upside potential going forward. Given the current zoning the site provides possible redevelopment opportunities when combined with adjacent listing at 467 Slater Street.

Property TypeMultifamily
Floors3
Building Size7,110 ft²
Lot Size6,426 ft²
ZoningR5P [248] H(37) S146
Year Built1920
Year Renovated2012
Net Operating Income$113,978/yr

Bus Line
Commuter Rail
Parking