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114 Daly Avenue Ottawa, Ontario K1N 6E7

Fireplace None Radiant Heat Partially Landscaped

$1,399,000

A+ investment opportunity in this fabulous downtown 4plex consisting of 3 spacious 2 bedroom units and a 1 bedroom unit in the lower level. Loving held in the same family for 40+ years. Countless updates and improvements with functional elements that you simply do not see in the 'average multi units'. New roof 2022 (21K), updated wiring throughout, newer electrical panels and service, quality boiler, extensive foundation work and repointing, rebuilt front porch, quality metal rear fire escape, etc. Located in an undeniably strategic location moving forward and just a short walk to Ottawa U, Byward Market, LRT, Rideau Canal, DFAIT, Ottawa's financial district and Parliament Hill. Parking for 3 vehicles, 2 bay carports w 5 ingenious storage lockers, workshop storage area, an a wide paved laneway. Excellent professional tenants that pay below market rent. Many ways to improve revenue, excellent addition to your portfolio $84,480.00 Income/4.8% CAP*** (@FMV it generates +$5580.00/yr!!!) (id:48414)

Property Details

MLS® Number 1337918
Property Type Multi-family
Neigbourhood Sandy Hill
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 3
Structure Deck

Building

Amenities Storage - Locker
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Aluminum Siding, Brick
Fire Protection Smoke Detectors
Fireplace Present Yes
Fireplace Total 1
Flooring Type Hardwood, Tile, Vinyl
Foundation Type Poured Concrete, Stone
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 3
Type Fourplex
Utility Water Municipal Water

Parking

Carport

Land

Access Type Highway Access
Acreage No
Current Use Development Residential
Fence Type Fenced Yard
Land Amenities Public Transit, Recreation Nearby, Shopping
Landscape Features Partially Landscaped
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 25 Ft
Size Irregular 25 Ft X 99 Ft
Size Total Text 25 Ft X 99 Ft
Zoning Description Residential

https://www.realtor.ca/real-estate/25498378/114-daly-avenue-ottawa-sandy-hill