Address
114 CAMBRIDGE STREET N Ottawa, ON
Price
$ 1,399,000
Property Attributes
  • ID#1264641
  • TypeMulti-Family
  • CityOttawa
  • NeighbourhoodWest Centretown
  • Postal CodeK1R 7A7
  • Style
  • Price$ 1,399,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
ROYAL LEPAGE TEAM REALTY
Data Source:
Canadian Real Estate Association
Property Description

Exceptional - Fully Updated - Fourplex Investment Opportunity in West Centretown! Effective Gross Income $72,120. Net Operating Income $58,700. One - Bachelor Unit, One - 1 Bed Unit, Two - 2 Bedroom Units. Five hydro meters. Most recent major updates: In 2021: Fire Services Compliance Inspection, Sprinkler System service and inspection. In 2020: New municipal water supply and sewer line to property from street mains. In 2017: Roof membrane/ shingles. In 2013: New all plumbing supply, drains and venting, New boiler, supply lines and rads, All insulation- Attic, exterior walls blown-in, basement spray foam, New electrical service, meters, panels and complete re-wiring throughout building, All exterior windows and doors replaced. Other highlights: June 2021 Fire Services Inspection and Compliance letter on file, Updated Kitchens and Bathrooms, Great tenants, Great street with city traffic calming features. Two Parking spots, coin-op laundry. Zoning RU4 UB. Min 24 hr notice for tenants pls (id:7434)

General Features

Building Basement Features Low
Building Cooling Type None
Building Type Fourplex
Lease Type Other, See Remarks
More Information Link https://www.realtor.ca/real-estate/23696400/114-cambridge-street-n-ottawa-west-centretown
Neighbourhood West Centretown
Property Type Multi-family
Zoning Description R4 UB

Interior Features

Basement Development Unfinished
Basement Type Common (Unfinished)
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Hot water radiator heat, Radiant heat
Construction Style Attachment Attached
Flooring Type Wall-to-wall carpet, Hardwood, Ceramic

Exterior Features

Exterior Finish Stucco, Concrete
Land Current Use Development residential
Parking Space Total 2
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K1R 7A7

Price
AVG $1.4M
$1.4M
Visits
AVG 13
12
Year Built
AVG 1915
1915