Turnkey 5-Unit Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits with approximately 6% Cap Rate, offering $400,000 in recent capital improvements from top to bottom. 2- 2Bedroom, 2- 1Bedroom & 1- Studio. Every aspect of the property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,136, this property offers a solid return in a market where stability and performance matter. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you wont want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228 |
Price | $1,399,900 |
Taxes: | $3372.00 |
Occupancy: | Tenant |
Address: | 1008 ST. LAURENT Boul , Overbrook - Castleheights and Area, K1K 3B4, Ottawa |
Directions/Cross Streets: | St.Laurent & Donald |
Rooms: | 13 |
Rooms +: | 7 |
Bedrooms: | 4 |
Bedrooms +: | 2 |
Family Room: | F |
Basement: | Apartment, Finished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 3 | Lower |
Washroom Type 3 | 3 | Second |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 3 | Main |
Washroom Type 7 | 3 | Lower |
Washroom Type 8 | 3 | Second |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 3 | Main |
Washroom Type 12 | 3 | Lower |
Washroom Type 13 | 3 | Second |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 | |
Washroom Type 16 | 3 | Main |
Washroom Type 17 | 3 | Lower |
Washroom Type 18 | 3 | Second |
Washroom Type 19 | 0 | |
Washroom Type 20 | 0 |
Total Area: | 0.00 |
Property Type: | Multiplex |
Style: | 2-Storey |
Exterior: | Aluminum Siding, Brick |
Garage Type: | None |
(Parking/)Drive: | Available, |
Drive Parking Spaces: | 7 |
Park #1 | |
Parking Type: | Available, |
Park #2 | |
Parking Type: | Available |
Park #3 | |
Parking Type: | Private |
Pool: | None |
Approximatly Square Footage: | 2500-3000 |
Property Features: | Public Trans, Rec./Commun.Centre |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE TEAM REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Multiplex |
Area: | Ottawa |
Municipality: | Overbrook - Castleheights and Area |
Neighbourhood: | 3502 - Overbrook/Castle Heights |
Style: | 2-Storey |
Tax: | $3,372 |
Beds: | 4+2 |
Baths: | 5 |
Fireplace: | N |
Pool: | None |