5-Plex For Sale in Ottawa, ON

Discover the perfect blend of location, desirability, and investment opportunity in this centrally located gem. This highly sought-after smoke-free rental building boasts five remodeled one-bedroom apartments, making it an ideal investment opportunity. Meticulously maintained by dedicated owners for over 12 years, this building ensures a hassle-free ownership experience. Each unit is currently occupied by terrific tenants, offering immediate rental income.

Unlocking the full potential of this property is within your reach, as two units are currently priced below market value, presenting an excellent upside opportunity. Renovations have been thoughtfully completed throughout the building, including the kitchens, bathrooms, flooring, appliances, window replacements, and even a roof replacement. Separate entrances and hydro meters. Additional amenities include a common laundry area and 5 storage lockers conveniently located in the lower level. A double lane driveway provides ample parking spaces. Radiant heating, powered by a hot water boiler, ensures efficient heating throughout the building.

With its manageable size and well-maintained condition, this building offers simplicity and peace of mind for landlords. Don't miss your chance to make this fantastic investment yours.