Sold conditionally
39 Days on Market

228-232 ARLINGTON Ave, Ottawa, Ontario K1R 5S9

$1,397,000
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Townhouse
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Highlights

Estimated Value$2,011,000*

Price/Sqft-

Days On Market39 days

Est. Mortgage$6,000/mth

Tax Amount (2023)$16,000/yr

*Last updated on: 24/07/23

Description

Looking for Cash Flow Positive investment?? This 3 door row with 8 units has loads to offer right now. The tenants are great, and do not want to leave and there is a cute community here. The Lot has 60 feet of frontage and is 66 feet deep. The newly revamped exterior give the building loads of curb appeal. Separate HWTs, decks for the upper units, cute kitchens and baths, and some bonus laundry money. 6 separate meters with baseboard electric heating for 228 and 230- while 232 Arlington has forced air with central air and two hydro meters. High ceilings and lots of character -- original trim, hardwood, etc. four 2-bedroom, two 1-bed + den, two 1-bedroom in rear- Hardwood & carpet. Skylights. Brand new Torch Membrane roof in 2018. Easy to self manage, great tenants. Upside potential. Be sure to visit the property website!! This area is up and coming (loads of money going into west centretwon and Little Italy) so the writing is on the wall ;) 2 illegal parking spaces...


Property Details

Style4 Plex
View-
Age of property-
SqFt-
Lot Size358 SqM(20.09 x 17.83)
Parking Spaces2
MLS ®Number1394223
Community NameCity of Ottawa
Data SourceOREB

Features

Heating: Baseboard,Forced Air
Cooling: Central Air Conditioning
Basement: Full, Fully Finished

Features

Lot size: 358 SqM

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Now
Listed for$1,397,000
39 days on market
history photo preview15
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Property listed by SUTTON GROUP - OTTAWA REALTY, Brokerage

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