Exceptional opportunity! 6-unit multi-family dwelling for sale on Hull Island. Each unit offers 1 bedroom and 1 bathroom. This building has been completely renovated since acquisition, offering an exceptional level of quality. With an annual income of $42,240, this investment is a unique opportunity. In addition, enjoy ample parking and a paved driveway. But what makes this offer a real nugget is its prime location, close to essential services and just 2 minutes from downtown Ottawa. Don't miss this golden opportunity!
- 6-unit income property - Located in the Île de Hull sector - Income: $3,520/month, $42,240/year - Lodgings include 1 bedroom and 1 bathroom - Very well maintained - Building completely renovated since acquisition - Paying laundry available in basement - 6 X exterior storage spaces - Asphalted driveway - Several parking spaces - Detached garage - Close to essential services - Only 2 minutes from downtown Ottawa
Building details and property interior
Dimensions
32' 2" X 36' 9"
Year constructed
1929
Living area
2,452 ft²
Windows
PVC
Window Type
Guillotine, Casement, Sliding
Siding
Brick
Roofing
Asphalt shingles
Garage
Detached, Single width
Kitchen Cabinets
Melamine
Basement
Finished basement, 6 feet and more
Lot and exterior features
Lot size
60' X 84' 9"
Lot area
5,087 ft²
Topography
Flat
Driveway
Asphalt
Parking (total)
Garage (1), Driveway (7)
Proximity
Park, Bicycle path, Elementary school, High school, Public transportation, CEGEP, Highway, Daycare centre
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2022)
Lot assessment
$ 274,500
Building assessment
$ 482,400
Total
$ 756,900
Taxes
Municipal
(2024)
$ 6,907
School
(2024)
$ 442
Total
$ 7,349
Gross annual revenues (potential)
Residential
$ 47,280
Total
$ 47,280
Inclusions and exclusions
Inclusions
6x water heater, 6x sheds, washer-dryer (with fee) in basement, garage, 6x refrigerators and 6x stoves