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$ 2,500,000
Est. payment /mo
Active
460 NELSON ST Lower Town - Sandy Hill, ON K1N 7S8
9 Beds
8 Baths
UPDATED:
02/21/2025 10:54 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision 4004 - Sandy Hill
MLS Listing ID X9516447
Style Unknown
Bedrooms 9
Annual Tax Amount $20,882
Tax Year 2024
Property Sub-Type Fourplex
Property Description
A great investment opportunity is available in the heart of Ottawa with this four-unit building. Building features 2 spacious five bedrooms units , one 4 bedroom and one six bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($182,254.23) Yearly Expenses: ($65,293.51) Net Income: ($116,960.72). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income.
Location
Province ON
County Ottawa
Community 4004 - Sandy Hill
Area Ottawa
Rooms
Family Room No
Basement Full, Finished
Kitchen 4
Separate Den/Office 4
Interior
Interior Features Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Pool None
Roof Type Unknown
Lot Frontage 45.81
Lot Depth 101.21
Total Parking Spaces 1
Building
Foundation Poured Concrete
Others
Security Features Unknown
Listed by EXP REALTY