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232 ST PATRICK ST Ottawa, ON K1N 5K3
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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 1419632
Year Built 1885
Annual Tax Amount $13,402
Tax Year 2023
Property Sub-Type Apartment 5+ Units
Property Description
An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $3000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1950/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 730 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2300/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies. Apt #1 rented @ $1600/mth & Apt #2 and #3 at $1366/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 20% down VTB 1st mortgage at 7%
Location
Province ON
Rooms
Basement Low
Interior
Heating Natural Gas
Exterior
Roof Type Other (See Remarks)
Building
Story 3
Foundation Block, Rubble
Sewer Sewer Connected
Water Municipal
Structure Type Brick,Stucco
Listed by RE/MAX HALLMARK REALTY GROUP