240 Marier Ave - Apartments FOR SALE


Ottawa, ON K1L 5R1- East Central
$799,900 CAD
613-963-2640
240 Marier Ave, Ottawa, ON for Sale
$799,900 CAD
Apartments - FOR SALE
1/14
null | Request Cap Rate

240 Marier Ave
Ottawa, ON K1L 5R1
East Central


HIGHLIGHTS

  • $150,000 Capital Improvements
  • 6 Cap
  • $73,000 Gross Income
  • Corner Property

OVERVIEW

Don’t miss this fourplex (4 x 1 bed) with over $150,000 of capex! Corner property with great curb appeal priced at a 6 cap with over $73,000 gross income and still has room to grow. Metal roof with steel guards and snow barriers, brand new rear stair case, deck as well as front steps and porch, one parking spot with new asphalt and new furnace 2023. Units 2, 3 and 4 have been completely renovated (unit 1 remains dated and requires TLC, yet its rented close to market rates). Coin-operated laundry.

FOR SALE DETAILS

PRICE

$799,900 CAD

PRICE/SF

$293 CAD /SF

# OF UNITS

5

PRICE/UNIT

$159,980

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

240 Marier Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R4UA-c

APN/PARCEL ID

061490010170900

ASK ABOUT THIS PROPERTY

Dan DoréLennard Commercial RealtyMore Info
613-963-2640

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Dan DoréLennard Commercial RealtyMore Info
613-963-2640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.