Mirna Botros

613-600-2626

329 Richelieu Avenue - $1,624,000

329 Richelieu Avenue - $1,624,000

329 Richelieu Avenue

$1,624,000

3404 - Vanier
Ottawa, OntarioK1L6J7
0 beds
0 baths
null parking
MLS#: X12070226Listed: 3 months agoUpdated:28 days ago

Description

Perfect turn-key investment opportunity in a prime location just minutes from downtown Ottawa and the University of Ottawa! This fully rented, well-maintained corner property features seven bright and spacious units: 4 two-bedrooms, 2 one-bedrooms, and 1 bachelor making it an ideal addition to any investor's portfolio. The building is in excellent condition with high-quality tenants and strong rental income. Units 1 and 2 were fully renovated in April 2024, while Units 3 and 6 were updated within the past few years. The remaining units are also in very good condition. Common areas include coin-operated laundry and a rear patio for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. Walking distance to transit, shopping, restaurants, and everything this vibrant community has to offer, this property is a smart and reliable investment. Gross Income $116,686 and NOI of $80,862. NOI includes the cost to manage the property. (id:58075)

Details

Details for 329 Richelieu Avenue, Ottawa, Ontario
Property Type
Multi Family
Building Type
Multi Family
Storeys
-
Neighborhood
3404 - Vanier
Land Size
42.45
Year Built
-
Annual Property Taxes
$11,712
Parking Type
-
Inside
Appliances
All
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Mona Avenue
Type of Dwelling
multi_family
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
42.45
Zoning
-
Zoning Description
R4UA
Parking
Features
-
Total Parking
-
Utilities
Cooling
-
Heating
Hot water radiator heat, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 329 Richelieu Avenue, Ottawa, Ontario
LevelNameDimensions
Mirna Botros

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