460 Nelson Street Ottawa, Ontario K1N 7S8
$2,500,000
A great investment opportunity is available in the heart of Ottawa with this four-unit building. Building features 2 spacious five bedrooms units , one 4 bedroom and one six bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **** EXTRAS **** Gross Income: ($182,254.23) Yearly Expenses: ($65,293.51) Net Income: ($116,960.72). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income. (id:47351)
Property Details
| MLS® Number | X9516447 |
| Property Type | Single Family |
| Neigbourhood | Sandy Hill |
| Community Name | 4004 - Sandy Hill |
| ParkingSpaceTotal | 1 |
Building
| BathroomTotal | 8 |
| BedroomsAboveGround | 9 |
| BedroomsBelowGround | 4 |
| BedroomsTotal | 13 |
| Appliances | Water Heater |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding, Stucco |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 101 Ft ,2 In |
| SizeFrontage | 45 Ft ,9 In |
| SizeIrregular | 45.81 X 101.21 Ft ; 0 |
| SizeTotalText | 45.81 X 101.21 Ft ; 0 |
| ZoningDescription | Residantial |
Utilities
| Cable | Available |
| Sewer | Installed |
https://www.realtor.ca/real-estate/27046761/460-nelson-street-ottawa-4004-sandy-hill
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January 10 2025 11:22:18
Ottawa Real Estate Board
Exp Realty