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279 St Andrew Street Ottawa, Ontario K1N 5G8

Baseboard Heaters

$1,950,000

Rarely offered Purpose built 8 unit building that was turned to 6 unit after Fire Retrofit. One cool two story 3 bedroom unit currently Air B&B. Five slick unique large one bedroom apartments fully rented with great tenants. Apartment #8 is in the basement and used for storage & maintenance due to fire retrofit requirements. This building has been in the owners family for decades. Very charming period style throughout this great investment property. Parking is on the lot next door with space for up to ten cars at $100 per month at 281 St Andrew ( $400,000.00) along with the house at 277 St Andrew ($435,000.00) must be sold together as a package. 477 has a right of way over neighbouring property at 275 St Andrew. Total listed price for the land assembly of three properties is $2,795,000. Total gross income for all three properties is $154,169.34 net income is $ 126,431.12 with all 8 parking rented ( $125.00/mth) showings Thursdays 1:00 to 2:30 including 277 St Andrew 48hr notice (id:18965)

Property Details

MLS® Number 1087370
Property Type Multi-family

Building

Constructed Date 1930
Construction Material Wood Frame
Exterior Finish Brick, Wood
Fireplace Present No
Foundation Type Stone
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 25 Ft ,9 In
Size Irregular 25.75 Ft X 99 Ft
Size Total Text 25.75 Ft X 99 Ft
Zoning Description Residential

http://www.icx.ca/PropertyDetails.aspx?PropertyId=18939909

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Century 21 Goldleaf Realty Inc.
1980 Ogilvie Road, Suite 210
Ottawa, ON K1J 9L3

(613) 749-2121
(613) 749-0808

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