LOADING

102 Cambridge Street N Ottawa, Ontario K1R 7A7

Baseboard Heaters

$1,780,000

TURN KEY 6-plex! Well managed and cared for by a conscientious longtime owner. Pride of ownership is apparent. Gross Effective Income $100,050, Net Operating Income $80,950. Huge addition, fire-retrofit, integrated fire alarm system, fire escape, electrical, plumbing, weeping tile, windows, doors, +++ in 2004/2006. Ongoing updates and upgrades over the years of ownership. Seven parking spots. Separate storage lockers for all units. Six apartments: 1 three-bedroom, 2 two-bedroom, 2 one-bedroom and 1 studio/bachelor. Three with in-unit laundry. Coin-op on site for the remaining three. Last unit updated was Unit 3 in 2015. Back roof shingles 2009, front 2019. Rents currently below market rate + current landlord does not charge for parking = potential 27%+ upside on income. Traffic-calmed street. 66’x99’ lot. Zoning R4UB. Call today for rent roll+details. Come make 102 Cambridge Street North your new investment! (id:48755)

Property Details

MLS® Number 1359829
Property Type Multi-family
Neigbourhood West Centre Town
Parking Space Total 7

Building

Exterior Finish Brick, Siding, Wood
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 66 Ft
Size Irregular 66 Ft X 99 Ft
Size Total Text 66 Ft X 99 Ft
Zoning Description R4ub

https://www.realtor.ca/real-estate/26035680/102-cambridge-street-n-ottawa-west-centre-town

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Philip Cote
Salesperson

(613) 299-5388
philipcote.com/

Royal LePage Team Realty
5536 Manotick Main St
Manotick, Ontario K4M 1A7

(613) 692-3567
(613) 209-7226
www.teamrealty.ca/

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