New property listed in Ottawa

I have listed a new property at 116 118 CARRUTHERS AVENUE in Ottawa.
Investment opportunity located near Tunney's Pasture redevelopment and LRT station! Great building with 5 residential units separately metered, with parking, and renovated in 2017. Tenants pay for their heat, hydro, with a 6th electrical meter for public and garage. Each unit has a fridge, stove, HWT, and microwave hoodfan. Get extra income with the separate garage, and storage space, and parking for 5 vehicles. Gross income over $93,000, NOI over $63,000. Great zoning allows up to 4.5 storey building on a large lot. Development potential into 20 units with rear lane access provides easy parking. New roof done in 2020 over entire building and garage. (id:2493)
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