48 BELL STREET N
Ottawa, Ontario K1R7C7

$699,900

ID# 1419434
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. (id:25961)

ROSS LECKY

SALES REPRESENTATIVE

Office: 613-592-6400

rosslecky@royallepage.ca

Courtesy of EXP REALTY
Listed on: November 06, 2024

On market: 2 days
Year Built 1900
Cooling Type None
Flooring Type Hardwood, Laminate, Tile
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
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Address Price Bed Bath SqFt Area Sub Area Brokerage
1097 MANOTICK STATION ROAD Ottawa
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ROSS LECKY

SALES REPRESENTATIVE

Direct: 613-447-7676

rosslecky@royallepage.ca

Royal LePage Team Realty

484 Hazeldean Road

Kanata ON K2L 1V4

Office: 613-592-6400

Toll Free: 1-800-307-1545

2019

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