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48 BELL ST N Ottawa, ON K1R 7C7
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Key Details
Property Type Other Types
Sub Type Multifamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1419434
Year Built 1900
Annual Tax Amount $3,971
Tax Year 2024
Property Sub-Type Multifamily
Property Description
Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers.
Location
Province ON
Rooms
Basement Crawl
Interior
Heating Natural Gas
Flooring Hardwood, Laminate, Tile
Exterior
Parking Features Surfaced
Building
Dwelling Type Duplex - Up&Down
Story 2
Sewer Sewer Connected
Water Municipal
Structure Type Brick
Listed by EXP REALTY