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320 Altha Ave

Altha Ave, East End, Ottawa, ON, K1L 7C9

-
Beds
-
Baths
$1,449,000
List Price
Details
Photos
30
Comparables
History
320 Altha Ave, Ottawa, ON - 1 of 3
320 Altha Ave, Ottawa, ON - 2 of 3
320 Altha Ave, Ottawa, ON - 3 of 3
64 days on market

Quick Summary

  • Exceptional investment opportunity in prime location
  • Quality constructed, well-managed 4-unit property
  • Concrete foundation and structural integrity
  • Consistent rental demand with quality tenants
  • Easy access to public transit, shopping, amenities
  • Desirable kitchens, baths, and spacious rooms
  • High-yielding, low-maintenance investment at 6.2 Cap Rate
  • Updated utilities and in-unit washer/dryers

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... Show More

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:54626)

Property Details

Parking

3 Parking Spaces
Surfaced

Lot

Size
480′0″ * 1080′0″
Acres
-

Build

Year Built
1952
Model Name
-
Basement
Finished
Exterior
Siding
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
Mixed Flooring
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
SHOW LESS

Source

Listing Brokerage

MLS® Listing
1400987
Last Updated
July 19, 2024
Brokerage
COLDWELL BANKER RHODES & COMPANY,KELLER WILLIAMS INTEGRITY REALTY
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Call us 800-591-0566

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