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222 Deschamps Avenue

East EndOttawaON, K1L 5Y9

-
Beds
-
Baths
$999,000
List Price
222 Deschamps Avenue, Ottawa, ON
85 days on market

Quick Summary

  • Spacious 1-bedroom apartment units
  • Central location with easy access
  • Below-market-value rents indicate long-term tenants
  • New roof and gas boiler installed in 2012
  • Coin laundry in the basement

INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented),... Show More

INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012. (id:54626)

Property Details

Parking

1 Parking Space
-

Lot

Size
682′0″ * 771′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Stucco
Foundation
-
Builder Name
-
Stories
-
Flooring
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Roof
-

Heating & Cooling

Heating
Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Source

Listing Brokerage

MLS® Listing
X9518113
Last Updated
November 26, 2024
Brokerage
RIGHT AT HOME REALTY
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Call us 800-591-0566

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