MLS#: X11906101Listed: 6 months agoUpdated:29 days ago
Description
MODERN 8-UNIT COMPLEX Newer Built (2013) 8 unit complex in the beautiful sought after Westboro/Hampton Park area of Ottawa. Complex consists of 2 x one bedroom and 6 x two bedroom units all with top end finishes including granite counter tops, hardwood floors and stainless steel appliances. Each unit has access to an outdoor space (balcony/entrance), large bedrooms and plenty of natural light. Storage for garbage, recycling and composting available for tenants. Complex is low maintenance with A+ tenants. Lots of room for future rental increases with tenant turnover. Don't miss out on this great investment opportunity. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $131,692 and CAP 5.0%; 2026 NOI $139,024 and Cap 5.3% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% matures May 2029. (id:58075)
Details
Details for 324 Currell Avenue, Ottawa, Ontario
Property Type
Multi Family
Building Type
Multi Family
Storeys
-
Neighborhood
5003 - Westboro/Hampton Park
Land Size
Bldg=50 x 100 FT ; 0
Year Built
-
Annual Property Taxes
$21,247
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Going west on Carling Ave, take a right onto Churchill Ave. and then right onto Currell Ave. Property is locate on the right side of the street