Sold conditionally
3 days on Market

48 BELL St, Ottawa, Ontario K1R 7C7

$699,900
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Townhouse
-
-
- sqft

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Highlights

Estimated Value$578,000*

Price/Sqft-

Est. Mortgage$3,006/mth

Tax Amount (2024)$3,971/yr

Days On Market3 days

*Last updated on: 24/10/23

Description

Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers.


Property Details

StyleDuplex - Up&Down
View-
Age of property1900
SqFt-
Lot Size197 SqM(21.79 x 9.07)
Parking Spaces2
MLS ®Number1418003
Community NameWest Centertown
Data SourceOREB

Features

Heating: Forced Air
Basement: Crawl, Unfinished

Features

Lot size: 197 SqM

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Now
ListedFor Salefor$699,900Active
3 days on market
Listing by oreb®
history photo preview22
ListedFor Salefor$699,900Terminated
Stayed 8 days on market
Listing by oreb®
history photo preview22
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Property listed by EXP REALTY, Brokerage

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