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Home ON Ottawa - Gatineau Ottawa Sarsfield
2870 COLONIAL ROAD
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2870 COLONIAL ROAD $624,900
$624,900
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2870 COLONIAL ROAD
Sarsfield, Ontario K0A3E0

MLS® Number: 1383273

Listing Description

Priced to sell!! Welcome to an investment opportunity that you won't want to miss! This 5-plex offers potential for real estate investors with multiple units currently renting below market value, this property presents an exciting chance to increase returns & maximize profitability. Situated minutes to Orleans & Navan, this 5-plex boasts 3 two-bedroom apartments & 2 one-bedroom apartments & with a consistently full occupancy rate, ensuring a steady stream of rental income for savvy investors. Each apartment offers its own parking space & outdoor storage, enhancing the overall appeal for potential renters. 4 individual electrical meters for convenience & control. The landlord currently covers electricity for the common areas and apartments 3,4 and 5. This is your chance to capitalize on a promising real estate investment that promises consistent returns and long-term growth. Don't let this opportunity slip away - schedule a viewing now and seize the potential that awaits at this 5-plex! (28052632)

Property Summary

Property Type
Multi-family
Storeys
2
Neighbourhood Name
Sarsfield
Title
Freehold
Land Size
126 ft X 92 ft
Built in
1960
Annual Property Taxes
$3,900
Total Parking Spaces
8
Time on REALTOR.ca
101 days

Building

Building Features
Foundation Type
Poured Concrete
Total Units
5
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Septic System
Water
Drilled Well
Exterior Features
Exterior Finish
Siding
Maintenance or Condo Information
Maintenance Management Company
N/A -
Parking
Total Parking Spaces
8

Land

Lot Features
Frontage
126 ft
Land Depth
92 ft
Other Property Information
Zoning Description
V3F
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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