Mirna Botros

613-600-2626

203 205 Marier Avenue - $2,200,000

203 205 Marier Avenue - $2,200,000

203 205 Marier Avenue

$2,200,000

3402 - Vanier
Ottawa, OntarioK1L5R6
0 beds
8 baths
5 parking
MLS#: X14112158Listed: about 2 hours agoUpdated:about 2 hours ago

Description

Visit the REALTOR website for further information about this Listing. Seven rental units in two buildings near Beechwood Avenue in east-central Ottawa. The location offers access to Montfort Hospital, downtown, the University of Ottawa, ByWard Market, and Highway 417. The area is very popular with young professionals and students. 203 Marier is a fully rented triplex with three two-bedroom, one-bathroom units. It has five exterior storage lockers and coin-operated laundry in the basement. Updates include windows (2019), pavement and exterior cladding (2023), and the roof (2026). Two units are furnished. The boiler and hot water tanks are owned. 205 Marier is a fully rented fourplex with one two-bedroom, one-bathroom unit; one two-bedroom, two-bathroom unit; and two one-bedroom, one-bathroom units. Updates include windows and the roof (2019), and pavement and exterior cladding (2023). The furnace and hot water tank are rented from Enercare. Approximate annual gross income is $157,800. Projected net operating income is approximately $122,000, which represents a 5.5% cap rate at the asking price. The properties are offered as-is. Easy Street Services manages the properties and is willing to continue, subject to an agreement with the buyer. Reported CM1 zoning may potentially allow future development. (id:58075)

Details

Details for 203 205 Marier Avenue, Ottawa, Ontario
Property Type
Multi Family
Building Type
Multi Family
Storeys
-
Neighborhood
3402 - Vanier
Land Size
80 x 114 FT
Year Built
-
Annual Property Taxes
$12,510
Parking Type
-
Inside
Appliances
Furniture
Rooms
-
Bedrooms
-
Bathrooms
8
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Cross Streets: Montfort Street. ** Directions: Marier Ave at Montfort Street.
Type of Dwelling
multi_family
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
80 x 114 FT
Zoning
-
Zoning Description
R4E-c
Parking
Features
-
Total Parking
5
Utilities
Cooling
Fully air conditioned
Heating
Hot water radiator heat, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
Irregular lot size
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 203 205 Marier Avenue, Ottawa, Ontario
LevelNameDimensions
Mirna Botros

Contact Mirna

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