$1,190,000
Rare 3-unit investment opportunity consisting of an up-down duplex and separate retail/commercial building! The unit mix of this property includes a converted single family home of 2 x 1 bedroom apartments (one of which includes a partially finished basement with in-unit washer/dryer), plus a separate commercial building, currently being used as an automotive repair business. Rectangular 40' x 100' lot provides excellent future re-development potential. Property is located in close walking distance to popular, trendy Beechwood Avenue. Upper apartment is rented below market at $1,200 utilities included. Landlord has left lower apartment vacant for showings and to provide a buyer flexibility to use or renovate as they choose. Market rent for this unit is estimated at $1,500 utilities included. Commercial building rented at $3,525 including water, property taxes and HST. Furnace in duplex replaced in 2018. Electrical panel replaced in 2016. (id:48414)
Property Details
MLS® Number
|
1328509 |
Property Type
|
Retail |
Neigbourhood
|
Beechwood / Vanier North |
Parking Space Total
|
6 |
Building
Land
Acreage
|
No |
Size Depth
|
100 Ft |
Size Frontage
|
40 Ft |
Size Irregular
|
40 Ft X 100 Ft |
Size Total Text
|
40 Ft X 100 Ft |
Zoning Description
|
R4ua-c |
https://www.realtor.ca/real-estate/25239252/109-111-marier-avenue-ottawa-beechwood-vanier-north