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$1,699,000
Est. payment /mo
3,620 SqFt
Active
329 RICHELIEU AVENUE Ottawa, ON K1L6J7
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Kevin Seitz And Brian Van Vliet
Real Broker - Elite Living Team
kevinsellscalgary@live.ca +1(403) 850-0252UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,620 sqft
Price per Sqft $469
Subdivision 3404 - Vanier
MLS® Listing ID X12070226
Originating Board Ottawa Real Estate Board
Lot Size 42.450 Acres
Acres 1849122.0
Property Description
Perfect turn-key investment opportunity in a prime location just minutes from downtown Ottawa and the University of Ottawa! This fully rented, well-maintained corner property features seven bright and spacious units: 4 two-bedrooms, 2 one-bedrooms, and 1 bachelor making it an ideal addition to any investor's portfolio. The building is in excellent condition with high-quality tenants and strong rental income. Units 1 and 2 were fully renovated in April 2024, while Units 3 and 6 were updated within the past few years. The remaining units are also in very good condition. Common areas include coin-operated laundry and a rear patio for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. Walking distance to transit, shopping, restaurants, and everything this vibrant community has to offer, this property is a smart and reliable investment. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Exterior
Parking Features No
View Y/N No
Private Pool No