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$ 1,369,000
Est. payment /mo
Active
403 PEACH TREE LANE Ottawa, ON K1K2R7
4 Beds
1 Bath
UPDATED:
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