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422/424 Nelson Street

Nelson St, Old City, Ottawa, ON, K1N 7S7

-
Beds
-
Baths
$2,350,000
List Price
Details
Photos
15
Comparables
History
422/424 Nelson Street, Ottawa, ON - 1 of 3
422/424 Nelson Street, Ottawa, ON - 2 of 3
422/424 Nelson Street, Ottawa, ON - 3 of 3
New
24 days on market

Quick Summary

  • Turnkey 4-plex property with stable student rentals
  • Opportunity to develop 2 additional studio suites
  • Centrally located near University of Ottawa, Rideau Canal
  • Highly sought-after rental vacancies in the area
  • Tenants pay all utilities, providing stable income

Fantastic turnkey 4plex with opportunity to create 2 extra studio suites that are permit ready for your development. Property operates with 4 never vacant student rentals, 2-4 bed 2 bth, 2-5 bed 2 bth. All suites are tenanted on 1 master lease and not rented by the room. This is a very stable property. The 2 spaces ready for development... Show More

Fantastic turnkey 4plex with opportunity to create 2 extra studio suites that are permit ready for your development. Property operates with 4 never vacant student rentals, 2-4 bed 2 bth, 2-5 bed 2 bth. All suites are tenanted on 1 master lease and not rented by the room. This is a very stable property. The 2 spaces ready for development are at the back of the property and independent of the 4 existing units. Tenants pay all utilities by water. An incredible opportunity to own in the heart of the Sandy Hill neighbourhood. Vacancies are highly sought after by renters due to its central location, and its proximity to the University of Ottawa, the Rideau Canal, parks, shopping & dining. Showing schedule: Tuesday - Thursday 11am - 7pm and Sunday 11am - 5pm. 24 notice on all showings. (id:54626)

Additional Media

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Property Details

Parking

4 Parking Spaces
Open,Tandem

Lot

Size
478′11″ * 1213′11″
Acres
-

Build

Year Built
1902
Model Name
-
Basement
Partially finished
Exterior
Brick, Siding
Foundation
-
Builder Name
-
Stories
2
Flooring
Laminate, Tile
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1390444
Last Updated
May 8, 2024
Brokerage
SLEEPWELL REALTY GROUP LTD
Powered by: REALTOR.ca
Call us 800-591-0566

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