422/424 Nelson Street Ottawa, Ontario K1N 7S7
$2,350,000
Fantastic turnkey 4plex with opportunity to create 2 extra studio suites that are permit ready for your development. Property operates with 4 never vacant student rentals, 2-4 bed 2 bth, 2-5 bed 2 bth. All suites are tenanted on 1 master lease and not rented by the room. This is a very stable property. The 2 spaces ready for development are at the back of the property and independent of the 4 existing units. Tenants pay all utilities by water. An incredible opportunity to own in the heart of the Sandy Hill neighbourhood. Vacancies are highly sought after by renters due to its central location, and its proximity to the University of Ottawa, the Rideau Canal, parks, shopping & dining. Showing schedule: Tuesday - Thursday 11am - 7pm and Sunday 11am - 5pm. 24 notice on all showings. (id:39840)
Property Details
| MLS® Number | 1390444 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Parking Space Total | 4 |
Building
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1902 |
| Construction Style Attachment | Attached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Siding |
| Flooring Type | Laminate, Tile |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Open | |
| Tandem |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 101 Ft ,2 In |
| Size Frontage | 39 Ft ,11 In |
| Size Irregular | 39.95 Ft X 101.14 Ft |
| Size Total Text | 39.95 Ft X 101.14 Ft |
| Zoning Description | Res |
https://www.realtor.ca/real-estate/26865026/422424-nelson-street-ottawa-sandy-hill
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 08 2024 07:11:42
Ottawa Real Estate Board
Sleepwell Realty Group Ltd