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48 BELL STREET N
Centre Town Ottawa K1R 7C7

$699,900
Multi-family built: 1900

Main Photo: 48 BELL STREET N in Ottawa: Multi-family for sale : MLS®# 1419434
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1419434
Year Built:
1900
Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers. (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Lease Type:
Gross
Zoning:
Residential
Taxes:
$3,971 / 2024
Community:
Centre Town
Exterior Features:
Brick
Structure Type:
Duplex
Cooling:
None
Fireplace:
No
Floor finish:
Tile, Hardwood, Laminate
Heating:
Forced air, Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Unfinished, Crawl space
Lot Details:
29.75 ft X 71.5 ft
Lot Features:
Balcony
Parking:
Surfaced
Total Parking Spaces:
2
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Listed by EXP REALTY
Data was last updated November 8, 2024 at 02:15 PM (UTC)
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