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$ 1,599,900
Est. payment | /mo
11 Beds
6 Baths
$ 1,599,900
Est. payment | /mo
11 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 4002 - Lower Town
MLS Listing ID X12242756
Style 2-Storey
Bedrooms 11
Annual Tax Amount $19,422
Tax Year 2025
Property Sub-Type Multiplex
Property Description
An investment property you would be proud to live in. Welcome 258 & 260 St. Andrew in Lower Town. This property enjoys the character of old construction and newer construction wrapped up into one investment. The original building at 258 St. Andrew was built in the 1950s and features a solid terrazzo floor entrance and three spacious units. 1 - one bedroom unit and 2 - two bedroom units. These units come with a fridge and stove and common coin operated washer and dryer. The heating system is boiler hot water radiant, and the roof was replaced in 2015. 260 St. Andrew was built in 2002 and consists of 3 - modern open concept styled units with two bedrooms each, two bedrooms on the main level and 2 - two story second and third level two bedroom units. These units each have their own furnace and A/C unit plus fridge, stove, washer & dryer. 2 parking spots for both buildings. Conveniently located close to Byward Market, Ottawa University and downtown Ottawa. These buildings have been well maintained and well cared for and are ready for the next investor. Gross income $105,069 with a net income of $64,919.
Location
State ON
County Ottawa
Community 4002 - Lower Town
Area Ottawa
Rooms
Family Room No
Basement Unfinished
Kitchen 6
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features None
Pool None
Roof Type Membrane
Lot Frontage 60.0
Lot Depth 71.5
Total Parking Spaces 2
Building
Foundation Poured Concrete
Listed by ROYAL LEPAGE TEAM REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "