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$ 1,698,800
Est. payment /mo
Active
179-181 CATHCART ST Ottawa, ON K1N 5C1
UPDATED:
Key Details
Property Type Other Types
Sub Type Multifamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1415353
Year Built 1929
Annual Tax Amount $7,708
Tax Year 2024
Property Sub-Type Multifamily
Property Description
Turn-key investment property in an ideal location, steps to embassies, government buildings, trails, shops and the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated and upgraded from top to bottom, absolutely everything is done! Best of all, it brings in almost 100k of annual rent with it's 3 large apartments. Tall ceilings, huge rooms, stunning kitchens, beautiful curb appeal, two upstairs balconies and one main floor deck, 2 parking spaces, 3 separate private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with the city. Upstairs is tenanted for $3100, Main floor tenants pay $2950 and basement is vacant (market rent is $2100). Upgrades include: All appliances 2023, Roof 2024, Boiler 2023, heat/AC pumps 2023 and lots more! This one is cash flow positive with today's interest rates and so easy to rent!
Location
Province ON
Rooms
Basement Full
Interior
Heating Natural Gas
Flooring Hardwood, Tile
Exterior
Parking Features Open, Surfaced
Building
Dwelling Type Triplex
Story 2
Foundation Stone
Sewer Sewer Connected
Water Municipal
Structure Type Brick
Listed by ROYAL LEPAGE TEAM REALTY