FOUR HOMES! 2 sets of semi detached properties on a 66ft x 99ft lot! Less than 400k per semi! Two spacious 3 bed 1 bath brick semis & two 1+den 1 bath semis. Solid income but loads of room to increase rents on turnover with updating. Additional income potential from large storage shed. A fantastic buy and hold investment with huge upside from development potential! Traditional Main Street zoning allowing for a multitude of development options including plans in place for a 27 unit building. Extensive architectural plans, engineering reports & planning studies already completed for a stunning 27-29 unit building incorporating the existing structures. A great opportunity to take advantage of incentives for rental developments currently available & more to come in the near future. Located at the northern edge of the city, surrounded by sought after condo buildings & Embassies, minutes to the Ottawa River, The Byward Market, Parliament Hill & so much more, this location is second to none! (27880675)
Property Type
Multi-family
Neighbourhood Name
Lowertown
Annual Property Taxes
$13,364 (CAD)
Time on REALTOR.ca
144 days
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