Ottawa, ON K2P0X4,159 FRANK STREET
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$2,600,000
Est. payment /mo
11 Beds
7 Baths
5,000 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $520

Subdivision 4104 - Ottawa Centre/Golden Triangle

MLS® Listing ID X12306932

Bedrooms 11

Source Ottawa Real Estate Board

Property Description

Absolutely pristine investment property 7-unit building with top-dollar rents and an unbeatable location. Over $1.3 million in renovations completed in 2011, including all-new electrical, heating systems, kitchens, bathrooms, windows, and flooring top-to-bottom transformation. Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Street's vibrant cafes, restaurants, shops, and transit. This immaculate building features large, spacious units, soaring 10-foot ceilings, hardwood floors, and abundant natural light through large windows. Kitchens boast granite countertops, quality appliances, and ample storage. Professionally managed with excellent tenants and zero vacancies a true turnkey opportunity. Includes 7 outdoor parking spaces offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core. With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to own a beautifully renovated, fully leased investment property in one of Ottawa's most desirable neighborhoods. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Hot water radiator heat

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 3

Sewer Sanitary sewer


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Listed by ROYAL LEPAGE TEAM REALTY

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agent

Jeffrey Sefton

+1(778) 235-4501

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159 FRANK STREET