Mirna Botros

613-600-2626

152 Goulburn Avenue - $2,175,000

152 Goulburn Avenue

$2,175,000

4004 - Sandy Hill

Ottawa, OntarioK1N8E2

12 beds

6 baths

5 parking

MLS#: X12650768Listed: 19 days agoUpdated:14 days ago

Description

Turnkey prime investment opportunity. Purpose-built legal 6 unit multifamily in the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. Stately all brick building. GOI $138, 257. Expenses $29,689. NOI $108,568. Currently offering at a 5% cap rate. Well maintained. Provides steady returns. Never a vacancy. Cooperative tenants. 2 one bedroom units, 2 two bedroom units and 2 three bedroom units. Very spacious units with eat-in kitchens and large living rooms. 5 units have a washer and dryer. Also included: 6 fridges, 6 stoves, 2 hood fans and 6 hot water tanks. 5 parking spaces behind the building. Currently only two are rented. Updates include: Repaired foundation masonry/repair foundation spray foam in 2025 ($5200), Replaced boiler venting in 2024 ($3978), New washer/dryer in Unit 5 in 2023($1604), Full patch and paint for Unit 2 in 2022 ($1700), Added attic insulation in 2020 ($2316), Flushed, reamed and installed liner on main plumbing stack to City connection in 2017 ($6600), New front first floor windows 2016, Appliances between 2011-2016, Apt 5 completely renovated in 2015, Front porch/balcony 2012 & 2016, Roof 2011, Copper wiring 2011, Natural gas boiler 2006 and many more minor improvements. Walking distance to UOttawa LRT Station, the Rideau Centre, ByWard Market, Strathcona Park, Rideau River, etc. Financials, 2025 Fire report and rent roll attached. 24 hours notice is required for showings. (id:58075)

Details

Details for 152 Goulburn Avenue, Ottawa, Ontario

Property Type: Multi Family
Building Type: Other
Storeys: 3
Neighborhood: 4004 - Sandy Hill
Land Size: 40.3 x 100 FT
Year Built: -
Annual Property Taxes: $12,677
Parking Type: No Garage

Inside

Appliances: Washer, Refrigerator, Stove, Dryer, Hood Fan, Water Heater
Rooms: -
Bedrooms: 12
Bathrooms: 6
Fireplace: -
Fireplace Total: -
Basement: Partially finished, Apartment in basement, N/A, N/A

Building

Architecture Style: -
Direction: Cross Streets: Goulburn Avenue & Somerset Street East. ** Directions: Heading North Down Lee Avenue, turn right onto Mann Avenue. Then, turn left onto Goulburn Avenue. The building will be on your left.
Type of Dwelling: other
Roof: -
Exterior: Brick, Vinyl siding
Foundation: Stone
Flooring: -