38
$1,425,000 Sale
Listed 14 hours ago
370 BELISLE STREET
· 11
· 6.0
· 6
· 3500 - 5000
Key Facts
Key facts for 370 BELISLE STREET
Property Type
Other, Other
Parking
Garage: No, 6 parking
MLS #
X12488422
Size
3500 - 5000 sqft
Basement
N/A
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Exceptional investment opportunity in the heart of Vanier this purpose-built, all-brick six-unit apartment building offers a desirable unit mix of five 2-bedroom units and one 1-bedroom unit. Ideally located just off McArthur Avenue, the property is within walking distance to St. Laurent Shopping C...entre, public transit, schools, and amenities, making it highly attractive to quality tenants. The property is professionally managed and currently generates a gross annual income of just over $98,000. With all units rented below current market rates, there is significant upside potential as units turn over. Situated on an impressive lot of over 12,000 sq. ft., the property offers potential for future development or expansion (buyer to verify with the City of Ottawa).With strong management already in place, this is a turn-key investment for the next owner seeking stable cash flow and long-term growth potential. Contact the listing agent for a detailed rental pro forma and insured financing scenario. (id:10452)
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Listing courtesy of: SUTTON GROUP - OTTAWA REALTY
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