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222 DESCHAMPS AVE Ottawa, ON K1L 5Y9
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Key Details
Property Type Other Types
Sub Type Apartment 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1409380
Annual Tax Amount $6,734
Tax Year 2023
Property Sub-Type Apartment 5+ Units
Property Description
INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012.
Location
Province ON
Rooms
Basement Full
Interior
Heating Natural Gas
Building
Story 2
Sewer Sewer Connected
Water Municipal
Structure Type Stucco
Listed by RIGHT AT HOME REALTY