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206 Blackburn Ave, Ottawa, ON

Name: 206 Blackburn Ave, For Sale in Ottawa - eXp Realty
Brand: AVENUE NORTH REALTY INC.
SKU: X13879142
Price: 1589000 CAD

House

For Sale

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1052

MLS® X13879142

Property Details
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Description

NET ALMOST $100K PER YEAR - 6.2% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3, 200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121, 200, Annual Operating Expenses: $22, 739, NOI: $98, 460, CAP RATE: 6.2%. (id:58753)Show Description

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage Yes

Taxes $10,202

Days Active 12

MLS® Number X13879142

Central VacNo

FireplaceNo

GarageYes

BasementFinished, Full, Separate entrance, N/A

DrivewayNo Garage

HeatForced air, Natural gas

A/CCentral air conditioning

Additional Information

Siding Brick

Sewage System Other

Landscaping Carpet Free

Price History

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Top Secret

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