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1299 DORCHESTER AVENUE
Ottawa Ontario K1Z8E8 Canada

$1,350,880

Active Listing ID 1378344
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Multi-family

$1,350,880

Active Listing ID 1378344
Save

1299 DORCHESTER AVENUE Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location , close to amenities, schools, and transportation, it has consistent occupancy and strong rental demand. Perfect for investors seeking to expand their portfolio, its proven income generation and development possibilities make it an attractive purchase. High Net income of $64, 079 with Cap Rate of 4.7%. Loads of development potential while keeping current building. Roof (2019), Furnace (2014). Contact us today for more information (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Brick
  • Floor Covering: Hardwood, Linoleum
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/24/2024 5:00:36 PM GMT
Source Updated Date: 5/10/2024 1:17:48 AM GMT

Courtesy of: SorinVaduva, Salesperson, KELLER WILLIAMS INTEGRITY REALTY

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