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1299 Dorchester Ave

Dorchester Ave, West End, Ottawa, ON, K1Z 8E8

-
Beds
-
Baths
$1,350,880
List Price
Details
Photos
30
Comparables
History
1299 Dorchester Ave, Ottawa, ON - 1 of 3
1299 Dorchester Ave, Ottawa, ON - 2 of 3
1299 Dorchester Ave, Ottawa, ON - 3 of 3
72 days on market

Quick Summary

  • Exceptional investment opportunity in prime location
  • High income producing fourplex plus fifth unit
  • Large lot with development potential
  • Proven income generation and occupancy
  • New roof and furnace recently installed
  • Close to amenities and transportation
  • Attractive purchase for investors

Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location ,close to amenities, schools, and transportation,... Show More

Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location ,close to amenities, schools, and transportation, it has consistent occupancy and strong rental demand. Perfect for investors seeking to expand their portfolio, its proven income generation and development possibilities make it an attractive purchase. High Net income of $64,079 with Cap Rate of 4.7%. Loads of development potential while keeping current building. Roof (2019), Furnace (2014). Contact us today for more information (id:54626)

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Property Details

Parking

6 Parking Spaces
Oversize,Surfaced

Lot

Size
1013′11″ * 1192′11″
Acres
-

Build

Year Built
1960
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Block
Builder Name
-
Stories
2
Flooring
Hardwood, Linoleum
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
SHOW LESS

Source

Listing Brokerage

MLS® Listing
1378344
Last Updated
April 24, 2024
Brokerage
KELLER WILLIAMS INTEGRITY REALTY
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Call us 800-591-0566

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