460 Nelson Street, Ottawa, Ontario K1N 7S8

Listed for:
$2,500,000
13 beds
8 baths
Listed 239 days ago
Fourplex for rent: 460 Nelson Street, Ottawa, Ontario K1N 7S8

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Listing provided by:
MLS® number:
X9516447
Agent:
Jason Spartalis
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About

Take Queensway to Kind Edward, Marc Ave. Turn Right on Templeton then left on Nelson St A great investment opportunity is available in the heart of Ottawa with this four-unit building. Building features 2 spacious five bedrooms units , one 4 bedroom and one six bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($182,254.23) Yearly Expenses: ($65,293.51) Net Income: ($116,960.72). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income. (id:27476)

Property Highlights

MLS® Number
X9516447
Type
Multi-family
Community Name
4004 - Sandy Hill
Land Size
45.81 x 101.21 FT ; 0
Parking Space Total
1

Building

Building Type
Fourplex
Storeys
3.00
Bathrooms Total
8
Bedrooms Above Ground
9
Bedrooms Total
13
Exterior Finish
Vinyl siding, Stucco
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location