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2870 Colonial Rd

Colonial RdNavan - SarsfieldOttawaON, K0A 3E0

-
Beds
-
Baths
$624,900
List Price
2870 Colonial Rd, Ottawa, ON - 1 of 3
2870 Colonial Rd, Ottawa, ON - 2 of 3
2870 Colonial Rd, Ottawa, ON - 3 of 3
50 days on market

Quick Summary

  • 5-plex priced to sell with rental income potential
  • Below market rental rates offer chance to increase returns
  • Full occupancy ensures steady rental income stream
  • Each apartment has parking and outdoor storage
  • 4 electrical meters provide convenience and control
  • Landlord covers electricity for 3 apartments
  • Promising investment with consistent returns
  • Don't miss this opportunity - schedule a viewing!

Priced to sell!! Welcome to an investment opportunity that you won't want to miss! This 5-plex offers potential for real estate investors with multiple units currently renting below market value, this property presents an exciting chance to increase returns & maximize profitability. Situated minutes to Orleans & Navan, this 5-plex boasts... Show More

Priced to sell!! Welcome to an investment opportunity that you won't want to miss! This 5-plex offers potential for real estate investors with multiple units currently renting below market value, this property presents an exciting chance to increase returns & maximize profitability. Situated minutes to Orleans & Navan, this 5-plex boasts 3 two-bedroom apartments & 2 one-bedroom apartments & with a consistently full occupancy rate, ensuring a steady stream of rental income for savvy investors. Each apartment offers its own parking space & outdoor storage, enhancing the overall appeal for potential renters. 4 individual electrical meters for convenience & control. The landlord currently covers electricity for the common areas and apartments 3,4 and 5. This is your chance to capitalize on a promising real estate investment that promises consistent returns and long-term growth. Don't let this opportunity slip away - schedule a viewing now and seize the potential that awaits at this 5-plex! (id:54626)

Property Details

Parking

8 Parking Spaces
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Lot

Size
1512′ * 1103′11″
Acres
-

Build

Year Built
1960
Model Name
-
Basement
-
Exterior
Siding
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Drilled Well
Sewer
Septic System
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
1383273
Last Updated
April 24, 2024
Brokerage
EXP REALTY
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Call us 800-591-0566

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