258 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 triplex on a 31x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $59,160/year. Unit 1: 2 bed/2 bath rented at $1,900/month (all inclusive). Unit 2: 2 bed/2 bath rented at $1,535/month (all inclusive). Unit 3: bachelor/2 bath rented at $1495/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 256 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 6
Garage type None
Other parking spaces 0
Total parking spaces 6
Property History
9
