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1422 Goth Avenue Ottawa, Ontario K1T 1E4

Forced Air

$1,200,000

This property offers 5 apartment units and is situated on a spacious 100x100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. Main house could be used by buyer ($2800) and still have 4 other incomes from other units. The property's advantageous location offers convenience and accessibility. It is in close to parks, public transit, Walmart, South keys shopping centre and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don't miss out on this exceptional investment opportunity. (id:48414)

Property Details

MLS® Number 1399101
Property Type Multi-family
Neigbourhood South Keys
ParkingSpaceTotal 5

Building

ConstructedDate 1968
ExteriorFinish Brick, Siding
FoundationType Poured Concrete
HeatingFuel Electric
HeatingType Forced Air
StoriesTotal 2
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 105 Ft
SizeFrontage 97 Ft
SizeIrregular 97 Ft X 105 Ft
SizeTotalText 97 Ft X 105 Ft
ZoningDescription R4z

https://www.realtor.ca/real-estate/27102448/1422-goth-avenue-ottawa-south-keys