455 Besserer Street Ottawa, Ontario K1N 6C2
$3,449,900
Step into this exceptional, turn-key investment opportunity! This legal 10-unit apartment building consists of 6x1-bedroom units, 1x2-bedroom units, 3x3-bedroom units & offers immediate rental income. $232,080 Gross Income, $45,101 operating expenses, $191,079 NOI and 5.53% cap rate at list price! Fully modernized on the interior w/approx 600k in renovations including front entrance, common areas, flooring, kitchens w/quartz counters, bathrooms, paint, appliances, boiler/water heating system, electric meters (incl new units in basement), commercial security system, IP security surveillance covering the entire premise w/8 X IP67 cameras (footage can be viewed w/your smartphone), smart locks. Opportunity to add 3X1-bedroom units in the LL adding $57,600/yearly in income & rent out the existing 2 parking spots at $250/monthly adding approx 1.2M in value (see attachment). Steps from University of Ottawa, Byward Market, Rideau Centre, LRT, shopping, Rideau Canal, restaurants & HWY 417. (id:51013)
Property Details
| MLS® Number | 1382411 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Parking Space Total | 2 |
Building
| Constructed Date | 1924 |
| Exterior Finish | Brick |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft |
| Size Frontage | 47 Ft ,6 In |
| Size Irregular | 47.51 Ft X 99 Ft |
| Size Total Text | 47.51 Ft X 99 Ft |
| Zoning Description | R4t |
https://www.realtor.ca/real-estate/26650995/455-besserer-street-ottawa-sandy-hill
Contact Us
Contact us for more information
Steve Alexopoulos
Broker
www.facebook.com/MetroCityPropertyGroup/
Exp Realty
255 Michael Cowpland Drive Unit 201
Ottawa, Ontario K2M 0M5
255 Michael Cowpland Drive Unit 201
Ottawa, Ontario K2M 0M5
(866) 530-7737
(647) 849-3180
Tarek El Attar
Salesperson
Exp Realty
255 Michael Cowpland Drive Unit 201
Ottawa, Ontario K2M 0M5
255 Michael Cowpland Drive Unit 201
Ottawa, Ontario K2M 0M5
(866) 530-7737
(647) 849-3180
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March 21 2024 04:11:49
Ottawa Real Estate Board
Exp Realty
