1299 DORCHESTER AVENUE

Multi-family For Sale in Ottawa, Ontario

$1,350,880

Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location ,close to amenities, schools, and transportation, it has consistent occupancy and strong rental demand. Perfect for investors seeking to expand their portfolio, its proven income generation and development possibilities make it an attractive purchase. High Net income of $64,079 with Cap Rate of 4.7%. Loads of development potential while keeping current building. Roof (2019), Furnace (2014). Contact us today for more information (id:4069)
Address 1299 DORCHESTER AVENUE
List Price $1,350,880
Property Type Multi-family
Type of Dwelling Fourplex
Area Ontario
Sub-Area Ottawa
Lot Size 84.53 ft X 99.38 ft Sq. Ft.
Year Built 1960
MLS® Number 1378344
Listing Brokerage KELLER WILLIAMS INTEGRITY REALTY
Basement Area Common (Finished)
Postal Code K1Z8E8
Zoning Residential
Site Influences Public Transit, Recreation Nearby, Shopping
Features Balcony

Request More Info or a Showing

TrinityStone Realty

Unit 109, 1300 Stittsville Main St Stittsville ON K2S 1A3

Office: (613) 417-3599

Email Directly