1387-1389 Raven Avenue Ottawa, Ontario K1Z 7Y5

None Forced Air


Investment opportunity. Introducing your prime investment in Carlington! This exceptional 4-unit multiplex blends convenience, comfort, and income potential. Perfectly situated for tenant appeal, with easy access to amenities. Two expansive 3-bed, 1-bath units on main and upper floors boast tasteful updates, ensuring tenant satisfaction. Plus, two renovated 1-bed, 1-bath basement apartments with private entrances provide desired privacy. Currently, three units are rented at market value, offering immediate 5.5% cap rate. Don't miss out on this lucrative opportunity! Schedule a viewing today and seize the potential of this remarkable investment gem! No Conveyance of any written signed offers prior to 3:00pm, May 14th 2024. Irrevocable 9pm on May 14th, if putting an offer. 24hrs notice required for showings, there are tenants. (id:39840)

Property Details

MLS® Number 1391127
Property Type Multi-family
Neigbourhood Carlington
ParkingSpaceTotal 4


BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1950
ConstructionStyleAttachment Attached
CoolingType None
ExteriorFinish Brick
FlooringType Hardwood, Laminate, Ceramic
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Fourplex
UtilityWater Municipal Water




Acreage No
Sewer Municipal Sewage System
SizeDepth 99 Ft
SizeFrontage 53 Ft
SizeIrregular 53 Ft X 99 Ft
SizeTotalText 53 Ft X 99 Ft
ZoningDescription R2h



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