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214 Hannah St

Hannah St, East End, Ottawa, ON, K1L 7M7

-
Beds
-
Baths
$795,000
List Price
Details
Photos
27
Comparables
History
214 Hannah St, Ottawa, ON - 1 of 3
214 Hannah St, Ottawa, ON - 2 of 3
214 Hannah St, Ottawa, ON - 3 of 3
New
1 day on market

Quick Summary

  • Renovated legal duplex with strong financials
  • Separate garage for storage or rental income
  • Vacant upper unit with modern renovations
  • Separately metered units with tenants paying utilities
  • R4 zoning with redevelopment potential
  • Solid 5.5% ROI for investors at current price
  • Rental income to help with mortgage for homeowners
  • Low annual property taxes and insurance costs

Renovated Legal Duplex – Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether you’re an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit... Show More

Renovated Legal Duplex – Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether you’re an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit rented at $1,790/month to long-term tenants. Separate Garage: Perfect for storage or additional rental income. Unit 2 (Vacant): Upper Unit Renovated 3-bedroom unit with modern finishes, ready to rent at a projected $2,300/month, or ideal for owner-occupancy. Separately metered, tenants pay all utilities. Zoning: R4 – excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: • Investors: Net Income: $42,770/year. ROI: Solid 5.5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678. Annual Insurance: $1,632 (id:54626)

Additional Media

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Property Details

Parking

4 Parking Spaces
Attached Garage

Lot

Size
720′0″ * 792′0″
Acres
-

Build

Year Built
1960
Model Name
-
Basement
Not Applicable
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
Hardwood, Laminate
Roof
-

Heating & Cooling

Heating
Baseboard heaters, Hot water radiator heat
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1421204
Last Updated
November 23, 2024
Brokerage
EXP REALTY
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Call us 800-591-0566

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