278 DONALD STREET , Ottawa

$1,589,900 / MLS® Listing #:1219111

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Unique property that has 14 bachelor units with another two units that share accommodations. Huge income that comes with a 7.4 % cap rate. Perfect for the investor looking to get a good return for the invested dollar. 24 hours notice for showings and 24 hours irrevocable on all offers. Some rents will be going up Dec 1, 2020. The Buyer to do their own due diligence with this property. Please note zoning has recently changed from R4N to R4UC-c. With the current lot size you are allowed to have 9+ units and can build up to 11 metres in height. (id:10452)

Property Details

Property Type Multi-family
Square Feet
Maintenance N/A
Days On Our Website 59
Basement
Kitchens
Lot Dimensions 50 ft X 116.75 ft
Pool N/A
Area Ottawa
Air Conditioning None
Heating Natural gas - Radiant heat
Exterior Siding
Parking Spaces 4
Sewers Municipal sewage system
Water Municipal water

Listing Office: RE/MAX HALLMARK REALTY GROUP



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