95/97 Concord Street North Ottawa, ON K1S 0Y7
Listing Courtesy of: CREA - C21 Brokers / Century 21 Synergy Realty Inc / CENTURY 21 Synergy Realty Inc. Brokerage / Curtis Murphy

  95/97 Concord Street North Ottawa, ON K1S 0Y7

Active (73 Days)

Description

Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:42016)

MLS®:
1391393
Type
Multifamily
Year Built
1877
County
Ottawa

Listed By

Ryan Philippe, Century 21 Synergy Realty Inc
Curtis Murphy, CENTURY 21 Synergy Realty Inc. Brokerage
Source
CREA - C21 Brokers
Last checked Jul 27 2024 at 4:05 AM EDT
Bathroom Details
Property Features
  • Foundation: Stone
Heating and Cooling
  • Natural Gas
  • Radiant Heat
  • Hot Water Radiator Heat
Exterior Features
  • Brick
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 7
Stories
  • 2
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 25, 2024
Price Changed
$1,800,000
-3%
-50,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 7/26/24 21:05