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556-562 Gladstone Avenue Ottawa, Ontario K1R 5P3

None Forced Air

$2,300,000

GREAT LOW MAINTENANCE INVESTMENT OPPORTUNITY!!! Four townhomes in the middle of one of Ottawa's most vibrant neighbourhoods. Close to transit, parks, cafes, nightlife and both Carleton and the University of Ottawa. Easy to rent and manage, as tenants pay all utilities. Each townhouse comes with 5 bedrooms, two full baths, main floor addition and finished basements. appliances include stove, refrigerator, washer and dryer for each unit. All mechanical systems are updated, the roof was re-done in 07/2020 and three of the kitchens have been recently redone. Three of the four units are leased for $2750 + all utilities, one at $3000+ all utilities. Tenants also maintain front and back yard spaces. With a net of over $114,000 and rents with significant upside possibility this well maintained, above average, turnkey operation is definitely one to avoid missing out on. (id:42527)

Property Details

MLS® Number 1310930
Property Type Multi-family
Neigbourhood CENTRE TOWN
Amenities Near By Public Transit, Recreation Nearby, Shopping
Communication Type Internet Access

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 1908
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick, Siding
Flooring Type Hardwood, Laminate, Tile
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Street Permit

Land

Acreage No
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 81 Ft
Size Frontage 60 Ft
Size Irregular 60.01 Ft X 81 Ft
Size Total Text 60.01 Ft X 81 Ft
Zoning Description Residential

https://www.realtor.ca/real-estate/24838067/556-562-gladstone-avenue-ottawa-centre-town

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