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258 Hannah Street, Ottawa, ON K1L7N2
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$699,000
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Home Details for 258 Hannah Street
Price
$699,000
Type
Multi Family
Bedrooms
4
Total Bathrooms
6
Listing #
X12314289
On exitrealty.com
175 days
Property Description
Fantastic Investment opportunity with a STRONG CAP RATE! Legal triplex on a 31x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $57,900/year. Unit 1: 2 bed/2 bath rented at $1,795/month (all inclusive). Unit 2: 2 bed/2 bath rented at $1,535/month (all inclusive). Unit 3: bachelor/2 bath rented at $1495/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 256 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. Property is being sold "as-is, where is". No warranties or representations from the seller. (id:31684)
- Heating Information
- Forced Air
- Natural Gas
- Cooling Information
- Central Air
Listing Courtesy: ROYAL LEPAGE TEAM REALTY
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EXIT EXCEL REALTY, BROKERAGE
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$699,000
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EXIT EXCEL REALTY, BROKERAGE
1550 Carling Ave. Suite 204, Ottawa, ON K1Z 8S8