Sale
16 hours on website
$1,800,000
Apartment
1547 VERCHERES STREET
Ottawa, 2010 - Chateauneuf K1C7C7
Ottawa, 2010 - Chateauneuf K1C7C7
No obligation In-Person or Video Chat Tour
Beds · 12
Baths · 4.0
Sqft · 2500 - 3000
Description
Rare Investment Opportunity Semi-Detached Bungalow with 2 Fully Equipped Secondary Units (R2A Zoning) Welcome to a purpose-built FOURPLEX rental property designed for comfort, convenience, and income potential. This rare semi-detached bungalow offers FOUR mirror-image units, each approximately 1,34...0 sq. ft., with 3 spacious bedrooms featuring 8-foot-wide closets, and two three-piece bathrooms per unit. EACH UNIT enjoys its own separate: entrance, gas furnace, central AC, HRV system, hot water tank, 100 Amp electrical panel, gas meter, giving tenants complete independence. Designed for long-term rental success, the property was constructed in 2009-2010, fully compliant with fire and building codes, including vertical and horizontal firewalls for added safety. Natural light floods every unit through large windows in both basement and main floors. Located at the end of a quiet cul-de-sac, the property offers parking for up to 10 vehicles. Currently, all units are rented fully furnished on a month-to-month basis at $3,500 per month each, creating a potential gross annual revenue of $168,000. Live in one unit while renting the others, an ideal income-generating opportunity, thoughtfully designed for maximum functionality and return on investment. You could not rebuild it at this price today! (id:10452)
General
Type
Apartment
Style
Fourplex
Year Built
-
Square Footage
2500 - 3000 sqft
Taxes
-
Maintenance Fee
-
Interior
Bedrooms
12
Washrooms
4.0
Square Footage
2500 - 3000 sqft
Heating Source
Natural gas
Heating Type
Forced air
Air Conditioning
Central air conditioning
Full Bathrooms
4
Half Bathrooms
0
Basement Features
Apartment in basement
Exterior
Acreage
100 x 105 FT
Parking Spaces
10
Garage Spaces Y/N
No
Building Description
Style
Fourplex
Home Type
Apartment
Subtype
Fourplex
Exterior
Brick Facing
Sewers
Sanitary sewer
Water Supply
Municipal water
Architectural Style
Bungalow
Community
Community
2010 - Chateauneuf
Area Code
Ottawa
Est. mortgage
$6,829/mo
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Listing courtesy of:
FIRST CHOICE REALTY ONTARIO LTD.
FIRST CHOICE REALTY ONTARIO LTD.
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