REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,600,000
Est. payment /mo
Contingent
135 CONCORD ST S Ottawa, ON K1S 0Z3
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment 5+ Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 1411198
Year Built 1950
Annual Tax Amount $26,270
Tax Year 2024
Property Sub-Type Apartment 5+ Units
Property Description
Substantially rebuilt 9-unit apartment building located within walking distance of Ottawa University Lee's Campus, Main Campus, and St Paul's University campus. Largely rebuilt down to the studs in 2019 from the basement to the roof. The long list of work included concrete repair, membrane around the foundation, plumbing infrastructure with water submeters for all units, electrical, upper roof, tankless boiler, radiators, windows, fire alarm system, asphalt, appliances, and completely remodeled units. All tenants pay for electricity and water in addition to their rent. Paid parking and coin laundry. Heating is a central tankless boiler system with high-efficiency radiators. All rents are currently quite below the market value giving the successful buyer a substantial upside opportunity. Tenants are a mix of students and young professionals. Rarely available, this is a long-term legacy investment opportunity for you and your family. No vendor mortgage is available.
Location
Province ON
Rooms
Basement Full
Interior
Heating Other (See Remarks)
Exterior
Roof Type Asphalt Shingle,Other (See Remarks)
Building
Story 2
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Brick,Concrete,Wood Siding
Listed by KELLER WILLIAMS INTEGRITY REALTY