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$1,459,000
Est. payment /mo
10 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 5301 - Carlington
MLS Listing ID X12135194
Style 3-Storey
Bedrooms 10
Annual Tax Amount $10,500
Tax Year 2024
Property Sub-Type Multiplex
Lot Depth 115.0
Lot Front 85.3
Appx SqFt 3500-5000
Property Description
Prime Investment Opportunity in the Heart of Carlington / Central Park. An exceptional addition to any investor's portfolio, this fully occupied 6-unit multiplex offers convenient access to transit, schools, shopping, and other amenities. The property features: 6 rental units: 2 x 1-bedroom units and 4 x 2-bedroom units, 6 parking spaces, including 3 garage spaces. Total annual income: $105,120, total annual expenses: $31,200, net operating income (NOI): $73,920. Tenants pay their own hydro, helping to keep operating costs low. The building also includes a coin-operated laundry facility for tenant convenience. A solid, income-generating property in a high-demand rental area, don't miss out on this investment opportunity. This investment property is perfect for first-time investors looking to enter the market or seasoned investors.
Location
Province ON
County Ottawa
Community 5301 - Carlington
Area Ottawa
Rooms
Family Room No
Basement Other
Kitchen 6
Interior
Interior Features None
Cooling None
Inclusions 6 Refrigerators, 6 Stoves
Exterior
Garage Spaces 3.0
Pool None
Roof Type Unknown
Lot Frontage 85.3
Lot Depth 115.0
Total Parking Spaces 6
Building
Foundation Concrete
Others
Senior Community Yes
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Listed by ROYAL LEPAGE TEAM REALTY