382 BRANT STREET

Multi-family For Sale in Ottawa, Ontario

$1,070,000
Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers. (id:4069)
Address 382 BRANT STREET
List Price $1,070,000
Property Type Multi-family
Area Ontario
Sub-Area Ottawa
Lot Size 57.08 ft X 72.47 ft Sq. Ft.
Year Built 1959
MLS® Number 1419981
Listing Brokerage UPPABE INCORPORATED
Postal Code K1L6V6
Zoning R4UA

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Innovation Realty

102-659 Sue Holloway Drive Nepean On K2J 5G3

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