95/97 CONCORD STREET NORTH

Ottawa, , K1S0Y7, Canada

$1,600,000

Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current cap rate of over 6% ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a newer boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth.

Last updated on : Wednesday 16th of April 2025 01:25:46 PM

ADDRESS

Street : 95/97 CONCORD STREET NORTH

City : Ottawa

Country : Canada

Postal Code : K1S0Y7

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PROPERTY SUMMARY

Property ID : X12067049

Building Type : Multi-Family

Property Type : Multi-family

Parking : 7

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