$1,199,000 Sale

Listed 118 days ago

10 SHERBROOKE AVENUE

MLS® x13504228 Fourplex

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Beds · 2+2

Baths · 4.0

Parking · 3

Sqft · 1500 - 2000

Est. mortgage

$4,549/mo

Key Facts

Key facts for 10 SHERBROOKE AVENUE

Property Type

Apartment

Parking

Garage: No, 3 parking

MLS #

X13504228

Size

1500 - 2000 sqft

Basement

None

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block four-plex lo...cated just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters. This turn key investment property has a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. Looking to increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity. (id:10452)

Full Property Details

Interior

Bedrooms

Bedrooms Plus

Washrooms

4.0

Square Footage

1500 - 2000 sqft

Basement

None

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Central air conditioning

Full Bathrooms

Half Bathrooms

Bedrooms

Bedrooms Plus

Washrooms

4.0

Square Footage

1500 - 2000 sqft

Basement

None

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Central air conditioning

Full Bathrooms

Half Bathrooms

Exterior

Acreage

29 x 102.8 FT

Parking Spaces

Garage Spaces Y/N

Acreage

29 x 102.8 FT

Parking Spaces

Garage Spaces Y/N

Building Description

Home Type

Apartment

Subtype

Fourplex

Exterior

Steel, Wood

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Apartment

Subtype

Fourplex

Exterior

Steel, Wood

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Hintonburg

Area Code

Ottawa

Community

Hintonburg

Area Code

Ottawa

Other

Virtual Tour Link

https://youtube.com/shorts/Uzy8mpXDlYs

Virtual Tour Link

https://youtube.com/shorts/Uzy8mpXDlYs

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Phil Labbe

Email: [email protected] Cell: 613-316-3707