For sale
Fourplex

458 Nelson Street

$2,650,000
Ottawa, Ontario, K1N 7S8

Overview

  • Updated On:
  • March 24 2025
  • MLS® Number
  • X9516445
  • 13 Bedrooms
  • 8 Bathrooms

Description

A great investment opportunity is available in the heart of Ottawa with this four-unit building. Each spacious unit features four bedrooms and one six-bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($193,834.73) Yearly Expenses: ($68,387.86) Net Income: ($125,446.87). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income. (id:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Fourplex
Storeys: 3
Neighbourhood: Sandy Hill
Cooling & Heating
Natural gas
Forced air
Central air conditioning
ExteriorFinish
Stucco
Stone
$ 13,587.07
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 10,274.57
Bedroom
BedroomsAboveGround: 9
BedroomsBelowGround: 4
BedroomsTotal: 13
Bathroom
BathroomTotal: 8
Basement
BasementDevelopment: Finished
BasementType: Full (Finished)
Construction
Age: 6 to 15 years
FoundationType: Poured Concrete
Utility
UtilityWater: Municipal water
Acreage: No
LandAmenities: Public Transit, Park
Sewer: Sanitary Sewer
SizeDepth: 101 Ft ,2 In
SizeFrontage: 34 Ft ,1 In
SizeIrregular: 34.15 X 101.21 Ft ; 0
SizeTotalText: 34.15 X 101.21 Ft ; 0
ZoningDescription: Residantial
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