Exceptional investment opportunity in Ottawa. Quality constructed, well managed 4-unit + bonus apt is a high earner. With concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:4069)
| Address |
320 ALTHA AVENUE |
| List Price |
$1,449,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
Ottawa |
| Lot Size |
40 ft X 90 ft Sq. Ft. |
| Year Built |
1952 |
| MLS® Number |
1400987 |
| Listing Brokerage |
COLDWELL BANKER RHODES & COMPANY
| KELLER WILLIAMS INTEGRITY REALTY
|
| Basement Area |
Full (Finished) |
| Postal Code |
K1L7C9 |
| Zoning |
R4 |
| Site Influences |
Public Transit, Recreation Nearby, Shopping |
