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95/97 Concord Street N

Concord St N, Old City, Ottawa, ON, K1S 0Y7

-
Beds
-
Baths
$1,850,000
List Price
Details
Photos
30
Comparables
History
95/97 Concord Street N, Ottawa, ON - 1 of 3
95/97 Concord Street N, Ottawa, ON - 2 of 3
95/97 Concord Street N, Ottawa, ON - 3 of 3
New
18 days on market

Quick Summary

  • Exceptional investment opportunity in prime downtown
  • Immaculately maintained multi-unit residential property
  • Fully rented with potential for increased rents
  • Steady 5% cap rate ensuring reliable returns
  • Well-maintained building with new boiler and meters
  • Convenient 7 parking spots for tenants
  • Situated in quiet, highly sought-after neighborhood
  • Promising stability and growth potential as investment

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... Show More

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:54626)

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Property Details

Parking

7 Parking Spaces
-

Lot

Size
792′11″ * 1186′0″
Acres
-

Build

Year Built
1877
Model Name
-
Basement
-
Exterior
Brick
Foundation
Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Hot water radiator heat, Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
1391393
Last Updated
May 14, 2024
Brokerage
CENTURY 21 SYNERGY REALTY INC
Powered by: REALTOR.ca
Call us 800-591-0566

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