179-181 CATHCART STREET

Multi-family For Sale in Ottawa, Ontario

$1,698,800
Turn-key investment property in an ideal location, steps to embassies, government buildings, trails, shops and the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated and upgraded from top to bottom, absolutely everything is done! Best of all, it brings in almost 100k of annual rent with it's 3 large apartments. Tall ceilings, huge rooms, stunning kitchens, beautiful curb appeal, two upstairs balconies and one main floor deck, 2 parking spaces, 3 separate private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with the city. Upstairs is tenanted for $3100, Main floor tenants pay $2950 and basement is vacant (market rent is $2100). Upgrades include: All appliances 2023, Roof 2024, Boiler 2023, heat/AC pumps 2023 and lots more! This one is cash flow positive with today's interest rates and so easy to rent! (id:4069)
Address 179-181 CATHCART STREET
List Price $1,698,800
Property Type Multi-family
Type of Dwelling Triplex
Area Ontario
Sub-Area Ottawa
Lot Size 33 ft X 99 ft Sq. Ft.
Year Built 1929
MLS® Number 1415353
Listing Brokerage ROYAL LEPAGE TEAM REALTY
Basement Area Full (Finished)
Postal Code K1N5C1
Zoning Residential

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YOW Home Team

Innovation Realty

102-659 Sue Holloway Drive Nepean On K2J 5G3

Office: 613-755-2278

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