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
EXTRAS: Balcony
Virtual Tour: https://www.youtube.com/watch?v=L8MkQfv136E
Last updated on : Wednesday 24th of April 2024 12:54:07 PM
Street : 1299 DORCHESTER AVENUE
City : Ottawa
Province : Ontario
Country : Canada
Postal Code : K1Z8E8
Property ID : 1378344
Building Type : Fourplex, Attached
Property Type : Multi-family
Parking : 6