$67,244 in CASFLOW/NET INCOME! A+ Investment Opportunity in this fabulous downtown LEGAL 4plex (inspected). 3X spacious 2 bedroom units & 1X 1 bedroom unit in the lower level. Lovingly held in the same family for 40+ years it has benefitted from countless updates & improvements with functional elements that you simply do not see in 'average multi units'. Updated wiring throughout with newer electrical panels and service, quality boiler, extensive foundation work & repointing, rebuilt front porch, some windows, metal fire escape, etc. Located in an undeniably strategic location moving forward and just a short walk to Ottawa U, Byward Market, LRT, Rideau canal, Ottawa's financial district and Parliament Hill. Parking for three vehicles, 2 bay carport w 5 ingenious storage lockers, workshop storage area, and a paved laneway. This particular multi-unit has excellent professional tenants that pay below market rent. Many ways to improve revenue. NEW ROOF AUG 2022, $21,000 (id:19066)
MLS® Number | 1297865 |
Amenities Near By | Public Transit, Recreation Nearby, Shopping |
Parking Space Total | 3 |
Property Type | Multi-family |
Structure | Deck |
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 |
Access Type | Highway Access |
Acreage | No |
Current Use | Development Residential |
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/24537025/114-daly-avenue-ottawa-sandy-hill
Contact us for more information
Jacen Matthews
Salesperson
(613) 238-2801
(613) 238-4583
Manfred Schlesiger
Salesperson
(613) 238-2801
(613) 238-4583
Stephen John
Salesperson
(613) 238-2801
(613) 238-4583