Mirna Botros
613-600-26262540 Market Street - $935,000
2540 Market Street - $935,000
2540 Market Street
$935,000
1115 - Cumberland Ridge
Ottawa, OntarioK4C1A4
8 beds
4 baths
10 parking
MLS#: X12241557Listed: about 2 months agoUpdated:6 days ago
Description
Charming Fourplex Investment Opportunity in Cumberland Village! Located in the serene and picturesque setting of Cumberland Village, this spacious fourplex offers a fantastic investment opportunity with decent rental income & long-term tenants. The building consists of four self-contained units, each designed for comfort and functionality. Each apartment features a combined living/dining area, an eat-in kitchen, two bedrooms, 4-piece bathroom, in-unit laundry & comes w/ an outdoor parking space plus a dedicated shed for additional storage. The two main-floor units each enjoy a private fenced patio off the kitchen, while the two upper-level units have their own private decks, offering tree-lined views and a peaceful outdoor retreat. Set on a large, tree-surrounded lot next to a quaint park, the property provides a quiet country feel & only a 15 min drive to Orleans. Tenants enjoy ample outdoor space and privacy, along with additional parking for up to 10 vehicles in total, ideal for guests or multi-vehicle households. Upgrades Include: New GENERAC generator(24), Fridge in Apt #2(23), Fridge in Apt #3 (22), All kitchen windows(22), Bathroom windows in Apts #1 & #3(22), 2nd bedrm window in Apt #1(22), Deck(19), eavestrough(19), Pressure tank(19), All front living room windows (17), Well pump (15), Culligan water system(14), All appliances in Apt #4(11), All bedroom windows(11), Washer/dryer in Apt #2(10), All appliances in Apt #1(08), Washer/dryer in Apt #3(08), Septic bed(06), Roof- one side is 2006 and other side of roof is 2011. Rental Breakdown: Apt #1 (Owner occupied): $1700/mth, Apt #2: $935/mth, Apt #3: $950/mth, Apt #4: $950/mth. Each tenant is month to month & pays their own heat, hydro & hot water tank rental, keeping operational expenses lower for the owner. The floor plan shown is for Apartment #1, reflecting the layout of each unit (similar). Expenses: Insurance$3073/yr, Common Hydro $58/mth, Snow Removal $900/year. (id:58075)Details
Details for 2540 Market Street, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Fourplex
- Storeys
- 2
- Neighborhood
- 1115 - Cumberland Ridge
- Land Size
- 173.1 x 515.3 FT
- Year Built
- -
- Annual Property Taxes
- $6,608
- Parking Type
- No Garage
Inside
- Appliances
- Washer, Refrigerator, Stove, Microwave, Water Treatment
- Rooms
- 6
- Bedrooms
- 8
- Bathrooms
- 4
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Old Montreal Rd.
- Type of Dwelling
- fourplex
- Roof
- -
- Exterior
- Vinyl siding
- Foundation
- Slab
- Flooring
- Laminate
Land
- Sewer
- Septic System
- Lot Size
- 173.1 x 515.3 FT
- Zoning
- -
- Zoning Description
- V3F[505r] RES property w/four self-contained units
Parking
- Features
- No Garage
- Total Parking
- 10
Utilities
- Cooling
- Window air conditioner
- Heating
- Forced air, Natural gas
- Water
- -
Feature Highlights
- Community
- -
- Lot Features
- Wooded area, Lane
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 2540 Market Street, Ottawa, OntarioMap
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