329 RICHELIEU AVENUE

Ottawa, , K1L6J7, Canada

$1,624,000

Perfect turn-key investment opportunity in a prime location just minutes from downtown Ottawa and the University of Ottawa! This fully rented, well-maintained corner property features seven bright and spacious units: 4 two-bedrooms, 2 one-bedrooms, and 1 bachelor making it an ideal addition to any investor's portfolio. The building is in excellent condition with high-quality tenants and strong rental income. Units 1 and 2 were fully renovated in April 2024, while Units 3 and 6 were updated within the past few years. The remaining units are also in very good condition. Common areas include coin-operated laundry and a rear patio for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. Walking distance to transit, shopping, restaurants, and everything this vibrant community has to offer, this property is a smart and reliable investment.

EXTRAS: All

Last updated on : Tuesday 20th of May 2025 01:20:43 PM

ADDRESS

Street : 329 RICHELIEU AVENUE

City : Ottawa

Country : Canada

Postal Code : K1L6J7

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PROPERTY SUMMARY

Property ID : X12070226

Building Type : Multi-Family

Property Type : Multi-family

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