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95 IRVING AVENUE, Ottawa, Ontario

$1,295,500

95 IRVING AVENUE, Ottawa, Ontario K1Y1Z3
- MLS® ID: 1070876

Property Details

95 IRVING AVENUE, Ottawa, Ontario K1Y1Z3 - Fantastic turn-key 6-plex investment property in desirable Hintonburg. Plenty of upside to be had with rental rates significantly increasing over the years. Current Net Operating Income $59,908 with the potential to increase to $70,348 with today's rental rates. Unit breakdown: #1 - 2 bedroom, $1,072 ; #2 - 2 bedroom, $1,218 ; #3 - 2 bedroom, $1,060 ; #4 - 2 bedroom, $1,300 ; #5 - 1 bedroom, $945 ; #6 - bachelor, $735. Parking $200/month, laundry $100/month. Apt #4 is the only lease on term (rented July 2017), remaining units are month to month. All 2 bedroom have the potential to rent for $1,300 and even higher with renovations. Invest and watch your equity grow! 24 hours irrevocable on all Offers. Minimum 24 hours notice on all showings and viewings of 3 units until Conditional Offer (#2,4,6). (id:18098)

Amenities

  • PostalK1Y1Z3
  • StatusActive
  • Purchase Type
  • Property typeMulti-family
  • Year built1950
  • Lot size0
  • SewerMunicipal sewage system
  • HeatingRadiant heat
  • Parking4
  • MLS® ID1070876

Listing Courtesy of COLDWELL BANKER RHODES & COMPANY

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