Mirna Botros

613-600-2626

11 13 Acacia Avenue - $2,575,000

11 13 Acacia Avenue

$2,575,000

3302 - Lindenlea

Ottawa, OntarioK1M0P3

8 beds

6 baths

6 parking

MLS#: X13558532Listed: about 2 months agoUpdated:about 2 months ago

Description

REMARKS FOR CLIENTS: Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, and a parking lot that is2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; owned hot water tanks; fridge/stove/dishwasher/ microwave. Separate electrical panels in each unit with separate external meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI =$118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, a full BMO branch; RBC ATM and LCBO are a 10-minute walk away on Beechwood; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being redeveloped and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for leisurely walks, joggers & dog walkers. Great location for renters and investors alike.OFFER REMARKS: Listing agent owns the building. Offers to be accompanied by appropriate disclosure acknowledgement. 24 hours notice for viewing as a tenant courtesy. (id:58075)

Details

Details for 11 13 Acacia Avenue, Ottawa, Ontario

Property Type: Multi Family
Building Type: Multi Family
Storeys: -
Neighborhood: 3302 - Lindenlea
Land Size: Bldg=40.09 x 142 FT ; North line = +13 ft vs. South line
Year Built: -
Annual Property Taxes: $12,122
Parking Type: -

Inside

Appliances: Washer, Dishwasher, Dryer, Microwave, Water Heater
Rooms: -
Bedrooms: 8
Bathrooms: 6
Fireplace: -
Fireplace Total: -
Basement: -

Building

Architecture Style: -
Direction: Cross Streets: Acacia & Beechwood. ** Directions: Beechwood & Acacia.
Type of Dwelling: multi_family
Roof: -
Exterior: -
Foundation: -
Flooring: -