Mirna Botros
613-600-2626118 Rochester Street - $1,899,999
118 Rochester Street - $1,899,999
118 Rochester Street
$1,899,999
4204 - West Centre Town
Ottawa, OntarioK1R7M1
0 beds
0 baths
null parking
MLS#: X13124998Listed: about 4 hours agoUpdated:about 4 hours ago
Description
118 Rochester Street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of Ottawa's sought-after West Centretown/Chinatown neighbourhood. Ideally located within walking distance to Little Italy, Bayview Station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential.The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement.Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Major updates reportedly include roof, windows, plumbing, and electrical improvements completed in approximately 2005. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance.The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase NOI and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment.A previous buyer completed a Phase I Environmental Site Assessment (ESA). Additional information available upon request. Buyer to Confirm All Details and Measurements. (id:58075)Details
Details for 118 Rochester Street, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Multi Family
- Storeys
- -
- Neighborhood
- 4204 - West Centre Town
- Land Size
- 33 x 107.58 FT
- Year Built
- -
- Annual Property Taxes
- $11,756
- Parking Type
- -
Inside
- Appliances
- -
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 0
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Cross Streets: From Somerset St W, head south on Rochester St ; property located on west side of Rochester St. ** Directions: Somerset St W / Rochester St.
- Type of Dwelling
- multi_family
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- 33 x 107.58 FT
- Zoning
- -
- Zoning Description
- R4H, TM[78]H(15)
Parking
- Features
- -
- Total Parking
- -
Utilities
- Cooling
- None
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 118 Rochester Street, Ottawa, OntarioMap
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