8 Bedroom
4 Bathroom
3,500 - 5,000 sqft
Fireplace
Wall Unit
Baseboard Heaters
$1,249,000
PREMIUM INVESTMENT OPPORTUNITY IN THE EMBASSY DISTRICT! Located on a peaceful dead-end street in the heart of Lower Town, this turnkey FOURPLEX is a rare "blue-chip" asset in a highly resilient rental market. Just steps from the Ottawa River, Byward Market, Global Affairs, and the NRC, it attracts a premium, professional tenant profile. The building features four spacious 2-BEDROOM suites, offering excellent long-term tenant retention. Each unit includes renovated bathrooms, full kitchens, and highly desirable IN-SUITE LAUNDRY (5 appliances per unit). Select units boast architectural charm with classic fireplaces and skylights. FINANCIALLY OPTIMIZED: The property features SEPARATE HYDRO METERS, significantly reducing landlord overhead. Enjoy a near-zero historical vacancy rate, steady income, and substantial room for rental growth in this supply-constrained neighborhood. Includes 3 parking spaces. A true buy-and-hold gem offering both stability and long-term capital appreciation! (id:63476)
Property Details
|
MLS® Number |
X13022756 |
|
Property Type |
Multi-family |
|
Community Name |
4001 - Lower Town/Byward Market |
|
Equipment Type |
Water Heater |
|
Parking Space Total |
3 |
|
Rental Equipment Type |
Water Heater |
Building
|
Bathroom Total |
4 |
|
Bedrooms Above Ground |
8 |
|
Bedrooms Total |
8 |
|
Appliances |
Dishwasher, Dryer, Stove, Washer, Refrigerator |
|
Basement Type |
None |
|
Cooling Type |
Wall Unit |
|
Exterior Finish |
Brick, Hardboard |
|
Fireplace Present |
Yes |
|
Fireplace Type |
Insert |
|
Foundation Type |
Brick, Concrete |
|
Heating Fuel |
Electric |
|
Heating Type |
Baseboard Heaters |
|
Stories Total |
3 |
|
Size Interior |
3,500 - 5,000 Sqft |
|
Type |
Fourplex |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
99 Ft |
|
Size Frontage |
33 Ft |
|
Size Irregular |
33 X 99 Ft |
|
Size Total Text |
33 X 99 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
|
Second Level |
Bedroom |
4.57 m |
6.4 m |
4.57 m x 6.4 m |
|
Second Level |
Den |
4.87 m |
4.26 m |
4.87 m x 4.26 m |
|
Main Level |
Kitchen |
3.96 m |
3.55 m |
3.96 m x 3.55 m |
Utilities
|
Electricity |
Installed |
|
Sewer |
Installed |