Mirna Botros

613-600-2626

339 Chapel Street - $1,399,880

339 Chapel Street - $1,399,880

339 Chapel Street

$1,399,880

4004 - Sandy Hill
Ottawa, OntarioK1N7Z5
7 beds
4 baths
4 parking
MLS#: X12722776Listed: about 1 month agoUpdated:about 1 month ago

Description

Prime, turnkey fourplex in the heart of Sandy Hill with strong cash flow and future upside. Welcome to 339 Chapel Street, a beautifully maintained, tenanted income property in one of Ottawa's most popular rental neighborhoods, steps to the University of Ottawa, transit, parks, the Rideau River, and minutes to downtown. This solid asset is comprised of three (3) well designed 2-bedroom units plus one (1) exceptionally spacious 1 bedroom unit. Tenants enjoy separate hydro meters, in-unit laundry, updated finishes, and functional layouts that consistently attract quality renters.2025 gross income: $104,011.09 approx, yearly expenses of $29,966, delivering an estimated NOI of $74,045 with room for rent optimization over time. Recent improvements provide peace of mind and long-term durability, including windows and metal roof (2021), plus modernized kitchens and bathrooms, updated flooring, and refreshed decks, porches, exterior entryways. The building also features an on-demand tankless hot water system (rental).Extra value add features set this property apart: a sauna in the second floor unit, a large rear deck, second floor balcony, private backyard, and four (4) on-site parking spaces with potential for added revenue. Three of the four units are furnished and most furnishings are included in the sale (excluding the basement unit furnishings).A rare opportunity to acquire a stress free, well maintained multifamily asset in an A+ location, ideal for investors seeking stable income today with meaningful upside tomorrow. (id:58075)

Details

Details for 339 Chapel Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Fourplex
Storeys
2.5
Neighborhood
4004 - Sandy Hill
Land Size
33.3 x 100 FT
Year Built
-
Annual Property Taxes
$9,095
Parking Type
No Garage
Inside
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Furniture, Water Heater - Tankless, Water Heater
Rooms
20
Bedrooms
7
Bathrooms
4
Fireplace
-
Fireplace Total
-
Basement
Finished, Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Building
Architecture Style
-
Direction
Corner of Osgoode Street and Chapel Street
Type of Dwelling
fourplex
Roof
-
Exterior
Brick
Foundation
Stone
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
33.3 x 100 FT
Zoning
-
Zoning Description
R4H480
Parking
Features
No Garage
Total Parking
4
Utilities
Cooling
Window air conditioner
Heating
Baseboard heaters, Natural gas
Water
Municipal water
Feature Highlights
Community
School Bus, Community Centre
Lot Features
Lane, Paved yard
Security
Smoke Detectors
Pool
-
Waterfront
-

Rooms

Rooms for 339 Chapel Street, Ottawa, Ontario
LevelNameDimensions
Lower levelLiving room
Second levelLiving room
Lower levelKitchen
Second levelDining room
Kitchen
Primary Bedroom
Bedroom
Third levelLiving room
Dining room
Kitchen
Primary Bedroom
Bedroom
Lower levelPrimary Bedroom
Bedroom
Laundry room
Main levelFoyer
Living room
Dining room
Kitchen
Primary Bedroom
Mirna Botros

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