116-118 Carruthers Avenue Ottawa, Ontario K1Y 1N5
$1,450,000
Investment opportunity located near Tunney's Pasture redevelopment and LRT station! Great building with 5 residential units separately metered, with parking, and renovated in 2017. Tenants pay for their heat, hydro, with a 6th electrical meter for public and garage. Each unit has a fridge, stove, HWT, and microwave hoodfan. Get extra income with the separate garage, and storage space, and parking for 5 vehicles. Gross income over $93,000, NOI over $63,000. Great zoning allows up to 4.5 storey building on a large lot. Development potential into 20 units with rear lane access provides easy parking. New roof done in 2020 over entire building and garage. (id:41211)
Property Details
| MLS® Number | 1277501 |
| Property Type | Multi-family |
| Neigbourhood | Mechanicsville |
| Parking Space Total | 7 |
Building
| Basement Development | Not Applicable |
| Basement Type | None (not Applicable) |
| Constructed Date | 1920 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Stucco |
| Fireplace Present | No |
| Flooring Type | Laminate |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 98 Ft ,1 In |
| Size Frontage | 50 Ft ,2 In |
| Size Irregular | 50.16 Ft X 98.12 Ft |
| Size Total Text | 50.16 Ft X 98.12 Ft |
| Zoning Description | R4s |
https://www.realtor.ca/real-estate/24032773/116-118-carruthers-avenue-ottawa-mechanicsville
Interested?
Contact us for more information
Justin Salazar
Salesperson
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
Jack Anbara
Salesperson
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
Tom Stathopoulos
Salesperson
www.TomTheAgent.com
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Exp Realty
February 18 2022 04:11:14
