320 ALTHA AVENUE
Ottawa, Ontario K1L7C9

$1,449,000

None Baseboard heaters

Exceptional investment opportunity in Ottawa. Quality constructed, well managed 4-unit + bonus apt is a high earner. With concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:43993)

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Courtesy of COLDWELL BANKER RHODES & COMPANY
Listed on: July 17, 2024

On market: 64 days

Year Built	1952
Cooling Type	None
Flooring Type	Mixed Flooring
Heating Type	Baseboard heaters
Heating Fuel	Electric
Stories Total	2

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Direct: 613-720-5969 | Office: 613-729-9090 | Linda@LindaMcCallum.com

320 ALTHA AVENUE
Ottawa, Ontario K1L7C9

None Baseboard heaters

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