Mirna Botros

613-600-2626

174 Arthur Street - $674,900

174 Arthur Street - $674,900

174 Arthur Street

$674,900

4205 - West Centre Town
Ottawa, OntarioK1R7C4
4 beds
3 baths
1 parking
MLS#: X13508542Listed: about 4 hours agoUpdated:about 4 hours ago

Description

INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached DUPLEX with a 3rd top floor unit in the heart of Chinatown. Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.6% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers. (id:58075)

Details

Details for 174 Arthur Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Duplex
Storeys
3
Neighborhood
4205 - West Centre Town
Land Size
18.2 x 71.2 FT ; 0
Year Built
-
Annual Property Taxes
$5,157
Parking Type
No Garage
Inside
Appliances
Refrigerator, Stove, Dryer, Two Washers, Water Heater
Rooms
-
Bedrooms
4
Bathrooms
3
Fireplace
-
Fireplace Total
-
Basement
Finished, Full
Building
Architecture Style
-
Direction
Heading West on Gladstone Ave, Turn Right on Arthur St, Property is on the Left
Type of Dwelling
duplex
Roof
-
Exterior
Brick
Foundation
Concrete
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
18.2 x 71.2 FT ; 0
Zoning
-
Zoning Description
R4H
Parking
Features
No Garage
Total Parking
1
Utilities
Cooling
None
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 174 Arthur Street, Ottawa, Ontario
LevelNameDimensions
Mirna Botros

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