$1,780,000
Apartment
102 CAMBRIDGE STREET N
Ottawa, West Centre Town K1R7A7
No obligation, free tour cancelation.
Beds · 0
Baths · 0.0
Description
NEW PRICE! Pride of ownership is apparent. Great investment, well managed and cared for by a conscientious longtime owner. Gross Effective Income $97,600, Net Operating Income $78,500. Huge addition, fire-retrofit, integrated fire alarm system, fire escape, electrical, plumbing, weeping tile, window...s, doors, +++ in 2004/2006. Ongoing updates and upgrades over the years of ownership. Seven parking spots. Separate storage lockers for all units. Six apartments: 1 three-bedroom, 2 two-bedroom, 2 one-bedroom and 1 studio/bachelor. Three with in-unit laundry. Coin-op on site for the remaining three. Last unit updated was Unit 3 in 2015. Back roof shingles 2009, front 2019. Rents currently below market rate + current landlord does not charge for parking = potential 27% upside on income. Traffic-calmed street. 66’x99’ lot. Zoning R4UB. Call today for rent roll+details. Come make 102 Cambridge Street North your new investment! (id:10452)
General
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Listing courtesy of:
ROYAL LEPAGE TEAM REALTY
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