244 Hannah St, Ottawa, Ontario K1L 7N2
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Highlights
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Price/Sqft$551/sqft
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+1
Properties sold*
$700K
Median sold price*
*Based on last 30 days
Description
Fantastic Investment opportunity with a STRONG CAP RATE! Legal duplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $59,100/year. Unit 1: 3 bed/1 bath rented at $1,925/month (plus hydro). Unit 2: 4 bed/4 bath rented at $3,000/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 250, 256, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces 2
Garage type Detached
Other parking spaces 4
Total parking spaces 6
Property History
9
