155 MARQUETTE AVENUE

Multi-family For Sale in Ottawa, Ontario

$1,598,000
Own a turnkey investment property in sought-after Beechwood Village! This well-maintained 6-unit (4 x 2 bdrm, 2 x 1 bdrm) building offers a fantastic opportunity for investors seeking stable income and future opportunities to add value. Fully renovated mechanical and laundry room ensures reliable operation for years to come and minimizes operating costs. Upgraded windows throughout enhance comfort and efficiency. The R4S zoning allows for renovations and potential to increase density in the future. Assume the existing CMHC-insured 1st mortgage with a low 2.17% interest rate and significant principal remaining ($917,695 at March 2, 2024), expiring Dec 2025. This locked-in rate offers excellent value relative to current market rates. Situated in the vibrant Beechwood Village / Vanier North neighbourhood, the property enjoys excellent access to shops, restaurants, schools, and public transportation, ensuring a steady tenant pool. (id:4069)
Address 155 MARQUETTE AVENUE
List Price $1,598,000
Property Type Multi-family
Area Ontario
Sub-Area Ottawa
Lot Size 67 ft X 82 ft (Irregular Lot) Sq. Ft.
Year Built 1953
MLS® Number 1381152
Listing Brokerage CAPITAL COMMERCIAL INVESTMENT CORP.
Postal Code K1L5J7
Zoning R4S

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TrinityStone Realty

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

Office: (613) 417-3599

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