This renovated legal triplex is a fantastic investment opportunity in a sought-after neighborhood. Perfect for both seasoned investors and first-time buyers looking to generate rental income, this property offers three separate living units, each with its own private entrance. Unit 1: 3 bedroom, 1 full bathroom with deck and access to backyard ($2,050 + rent increase in Jan 2025). Unit 2: 3 bedroom, 1 full bathroom with balcony ($2,150 + rent increase in Jan 2025). Unit 3: 1 bedroom, 1 full bathroom ($1,300 fix until July 2025). All units have laundry and 2 entrances. City of Ottawa successful building inspection (Oct 2024). This triplex is an exceptional opportunity for both immediate cash flow and long-term equity growth. Situated in Castle Heights, just minutes from St-Laurent complex, schools, transit and much more! (id:4069)
| Address |
732 MORIN STREET |
| List Price |
$1,285,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Triplex |
| Area |
Ontario |
| Sub-Area |
Ottawa |
| Lot Size |
67.53 ft X 103.77 ft Sq. Ft. |
| Year Built |
1962 |
| MLS® Number |
1418591 |
| Listing Brokerage |
RE/MAX HALLMARK REALTY GROUP
|
| Basement Area |
Full (Finished) |
| Postal Code |
K1K3G9 |
| Zoning |
R4N |
| Site Influences |
Public Transit, Recreation Nearby, Shopping |
| Features |
Balcony, Automatic Garage Door Opener |
| Amenities |
Recreation Centre |
