206 BLACKBURN AVENUE, Ottawa, Ontario K1N 8A8
$1,749,900.00
- 10 bedrooms
- 5 bathrooms
5.6% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. ... read more
5.6% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 5.6%. (id:25417)
- Listing ID: X13549418
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 31 by 100 FT |
| Parking: | No Garage 2 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Duplex |
| Appliances: | Dryer, Hood Fan, Microwave, Refrigerator, Stove, Washer and Dishwasher |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | N/A, Full, N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Ottawa |
| Province: | Ontario |
| Nearby Amenities: | Community Centre, Park, Place Of Worship, Public Transit and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Lower level | 3.91 m x 2.08 m |
| Living room | Lower level | 4.11 m x 2.79 m |
| Dining room | Lower level | 3.56 m x 3.07 m |
| Bedroom | Lower level | 3.38 m x 2.46 m |
| Bedroom | Lower level | 3.02 m x 2.92 m |
| Bedroom | Lower level | 3.2 m x 2.51 m |
| Bedroom | Lower level | 2.97 m x 2.74 m |
| Bathroom | Lower level | 2.46 m x 2.11 m |
| Bathroom | Lower level | 1.73 m x 1.57 m |
| Laundry room | Lower level | 1.52 m x 1.09 m |
| Kitchen | Main level | 4.78 m x 3.05 m |
| Living room | Main level | 4.39 m x 2.72 m |
| Bedroom | Main level | Measurements not available |
| Dining room | Main level | 4.27 m x 3.12 m |
| Partial bathroom | Main level | 2.31 m x 1.63 m |
| Bedroom | Main level | 3.81 m x 2.84 m |
| Bedroom | Main level | 3 m x 2.69 m |
| Bathroom | Main level | 3.63 m x 1.93 m |
| Laundry room | Main level | Measurements not available |
| Bedroom | Upper Level | 2.95 m x 2.79 m |
| Bathroom | Upper Level | 2.11 m x 1.63 m |
| Bedroom | Upper Level | 3.99 m x 2.74 m |
| Bedroom | Upper Level | 3.28 m x 2.95 m |
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