422/424 Nelson Street Ottawa, Ontario K1N 7S7
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$2,350,000
Fantastic turnkey 4plex with opportunity to create 2 extra studio suites that are permit ready for your development. Property operates with 4 never vacant student rentals, 2-4 bed 2 bth, 2-5 bed 2 bth. All suites are tenanted on 1 master lease and not rented by the room. This is a very stable property. The 2 spaces ready for development are at the back of the property and independent of the 4 existing units. Tenants pay all utilities by water. An incredible opportunity to own in the heart of the Sandy Hill neighbourhood. Vacancies are highly sought after by renters due to its central location, and its proximity to the University of Ottawa, the Rideau Canal, parks, shopping & dining. Showing schedule: Tuesday - Thursday 11am - 7pm and Sunday 11am - 5pm. 24 notice on all showings. (id:58072)
Property Details
| MLS® Number | 1390444 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| AmenitiesNearBy | Public Transit, Recreation Nearby, Shopping |
| ParkingSpaceTotal | 4 |
Building
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructedDate | 1902 |
| ConstructionStyleAttachment | Attached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Siding |
| FlooringType | Laminate, Tile |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| Open | |
| Tandem |
Land
| Acreage | No |
| LandAmenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 101 Ft ,2 In |
| SizeFrontage | 39 Ft ,11 In |
| SizeIrregular | 39.95 Ft X 101.14 Ft |
| SizeTotalText | 39.95 Ft X 101.14 Ft |
| ZoningDescription | Res |
https://www.realtor.ca/real-estate/26865026/422424-nelson-street-ottawa-sandy-hill
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May 08 2024 07:11:42
Ottawa Real Estate Board
Sleepwell Realty Group Ltd