48 LOUISA St, Ottawa, Ontario K1R 6Y8
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$978,000*
Price/Sqft-
Days On Market9 days
Est. Mortgage$4,247/mth
Tax Amount (2023)$6,353/yr
Description
Great cash-flow fourplex in West Centretown zoned R4T. Steps to Little Italy, Government Buildings & Dows lake, with a CAP rate approaching 5%. Features a large home that houses 3 units & separate bungalow, four units in total. One spacious renovated two bedroom, one bachelor, updated one bedroom & a large separate free standing 2 bedroom unit w/ private entry & yard. Huge lot size allowing for 5 parking spaces on this double lot in a thriving neighborhood perfect for young professionals. Copy of survey and fire retrofit (2011) available. Largest apartment completely renovated in 2011. Great current & future value in this property. 3 tenants are on month to month - upside for higher rents as all units are under market value. Quality tenants- there has never been a vacancy in over 10 years. Shared pay per use laundry in basement adding income to property. 24 hr on offers as there are two owners. All units tenant occupied, notice to show needed scheduled days and times in rep remarks.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 5
Property History
![history photo preview](https://cdn.wahi.com/listings/images/oreb/IMG-1403335_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/oreb/IMG-1391804_1-256.webp)
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