403 PEACH TREE LANE Active

Ottawa,ON K1K2R7

$ 1369000

4 Beds

1 Bath

0 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision 3103 - Viscount Alexander Park

MLS Listing ID X10418773

Bedrooms 4

Originating Board Ottawa Real Estate Board

Property Description

Turnkey triplex with significant upside. An additional third floor can be added under the current zoning anddrawings for three additional bachelor units have been completed. The flat roof allows you to easily convert theproperty into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on themain level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rateof 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided forthose interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs irrevocable on all offers; as per form 244. (id:24570)

Location

Province ON

Interior

Heating Baseboard heaters

Exterior

Parking Features No

Fence Fenced yard

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Sewer Sanitary sewer

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