FOUR HOMES! 2 sets of semi detached properties on a 66ft x 99ft lot! Less than 400k per semi! Two spacious 3 bed 1 bath brick semis & two 1+den 1 bath semis. Solid income but loads of room to increase rents on turnover with updating. Additional income potential from large storage shed. A fantastic buy and hold investment with huge upside from development potential! Traditional Main Street zoning allowing for a multitude of development options including plans in place for a 27 unit building. Extensive architectural plans, engineering reports & planning studies already completed for a stunning 27-29 unit building incorporating the existing structures. A great opportunity to take advantage of incentives for rental developments currently available & more to come in the near future. Located at the northern edge of the city, surrounded by sought after condo buildings & Embassies, minutes to the Ottawa River, The Byward Market, Parliament Hill & so much more, this location is second to none! (id:4069)
Address |
109-115 DALHOUSIE STREET |
List Price |
$1,589,900 |
Property Type |
Multi-family |
Type of Dwelling |
Fourplex |
Area |
Ontario |
Sub-Area |
Ottawa |
Lot Size |
66 ft X 99 ft Sq. Ft. |
Year Built |
1878 |
MLS® Number |
1376802 |
Listing Brokerage |
EXP REALTY
|
Basement Area |
Crawl space (Unfinished) |
Postal Code |
K1N7C1 |
Zoning |
TM12 H(14.5) |
Site Influences |
Public Transit, Shopping, Water Nearby |