320 ALTHA AVENUE

Multi-family For Sale in Ottawa, Ontario

$1,449,000
Exceptional investment opportunity in Ottawa: a 5-unit property in a well-managed building. This quality constructed bldg is a high earner, with concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:4069)
Address 320 ALTHA AVENUE
List Price $1,449,000
Property Type Multi-family
Area Ontario
Sub-Area Ottawa
Lot Size 40 ft X 90 ft Sq. Ft.
Year Built 1952
MLS® Number 1401024
Listing Brokerage COLDWELL BANKER RHODES & COMPANY | KELLER WILLIAMS INTEGRITY REALTY
Postal Code K1L7C9
Zoning R4UA

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Greg Hollander

Keller Williams Integrity Realty, Brokerage

2148 Carling Avenue Units 5 & 6 Ottawa Ontario K2A 1H1

Mobile: (613) 795-3871

greg@greghollander.com