Description
Welcome to 19-21 Heney Street - TRIPLEX Incredible opportunity to own an investment property in Lowertown! This side by side that has been made into a 3-PLEX and has the potential of a 4-PLEX. Well maintained, updated & turn-key ready! Unit 19 has two apartments (one upstairs, one down), both occupied by excellent tenants. A spacious bedroom, kitchen, living room & full bath in each unit. Unit 21 has been owner occupied and is a spacious 2 floor unit. Main level has a lovely kitchen (renovated & new appliances in 2013, dishwasher 2022), a living/dining room and a 3 piece bath. Upper level has 2 bedrooms, a den and a full bath. Yellow bedroom used to be a kitchen & still has plumbing & electrical set up for it behind the drywall – easy conversion back to 4-PLEX. Lower level has: Shared coin operated laundry, 3 piece bath & ample room for storage. Back door & front door entry to all units upstairs & down. 2 parking spots out back (shed currently in 3rd space). Driveway & parking area re-paved (2021); Parging (2022); Furnace, AC, 2 HWT’s (2013); windows & doors (2005) Central location makes this highly desirable by tenants! On a quiet side street & down the street from a recreation center and city parks. Close to transit and with a near-perfect walk score of 93 & bike score of 98, you're steps away from downtown & it’s amenities, the Byward Market, Beechwood Village, the Rideau River, Shops, Schools & the University of Ottawa. Potential Uses? Perfect for a multi-generational family; OR live in one half and rent out the rest; OR find renter(s) for the other half as well. Also check zoning for future development options - R5L H(18) F(2.0). A must see for investors looking to expand their portfolio!
Facts and Features
Type
Multi Family Housing
SQFT
Units
Bedrooms
bathrooms
Status
Active
Monthly Income
Tenanted
No
Type
Multi Family Housing
SQFT
Units
Bedrooms
bathrooms
Status
Active
Monthly Income
Tenanted
No
Additional Details
- Asking Price
- $1,100,000
- Estimated Repairs
- $TBD
- Estimated ARV
- $TBD
- Property type
- Multi Family Housing
- Property Location
- Ottawa ON
- Property status
- For Sale
- Tags
- Popular
- Asking Price
- $1,100,000
- Estimated Repairs
- $TBD
- Estimated ARV
- $TBD
- Property type
- Multi Family Housing
- Property Location
- Ottawa ON
- Property status
- For Sale
- Tags
- Popular
Investment Type
-
As Is
-
BRRRR
-
Cashflow
-
Fix and Flip
-
House Hacking
-
Short Term Rental
Rental Income
The total income for this property is:
Get In Touch With the Seller
Location
Map
xx Cobourg St,
K1N 8G8
Map
xx Cobourg St,
K1N 8G8
Mortgage calculator
Financial Review
Financial Analysis
Unfortunately there isn't enough information to determine the IRR and other financial factors. Contact the owner to get the necessary infomration.
Need help With Financing? (Let's Partner)
Drop us a note about this property and we can discuss the different options available for partnership!
Reach us here by phone or email
Financial Analysis
Unfortunately there isn't enough information to determine the IRR and other financial factors. Contact the owner to get the necessary infomration.
Need help With Financing? (Let's Partner)
Drop us a note about this property and we can discuss the different options available for partnership!
Reach us here by phone or email
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