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11-1,2,3; 13-1,2,3 - 11 & 13 Acacia Avenue Ottawa, Ontario K1M 0P3

4,200 ft2
Baseboard Heaters

$2,275,000

Fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. New bathrooms, kitchens, flooring, fridges, dishwashers, washer-dryers, microwaves and hot water tanks in all units in winter of 2021. New wiring and plumbing throughout. Building fully occupied with young professionals. Average lease length of 2 years, creating ample opportunity to increase rents to market value without additional capital improvements. Annual gross income of $143k. NOI of $121k. Electric heat, separate meters for each unit, tenants pay hydro. Two 1 bedroom garden-level walkout units with their own green space. Two 1 bedroom 1st floor units with private, west facing decks. Two 1 bedroom and den 2nd story units with private, east facing decks. Units rent from $1,800/ month to $2,200/month. Parking for 6 cars. Rent roll for all 6 units available. Finacial statements prepared by accounting firm available, recent survey available. Safe, popular, leafy neighbourhood with many attractive amenties within short walking distance, including Metro, LCBO, Starbucks, Bridgehead, Pet Value, restaurants and specialty shops. Bike and jogging paths, and winding, secluded streets of Rockliffe Park only a stones throw away. Great location and excellent investment opportunity. (id:37351)

Business

BusinessType Residential
BusinessSubType Apartments
Name Chelsea Realty Investments Inc

Property Details

MLS® Number X12304547
Property Type Multi-family
Community Name 3302 - Lindenlea
AmenitiesNearBy Public Transit

Building

Age 51 To 99 Years
HeatingType Baseboard Heaters
SizeExterior 4200 Sqft
SizeInterior 4,200 Ft2
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 43.6 M
SizeFrontage 38.1 M
SizeIrregular Bldg=38.1 X 43.6 M
SizeTotalText Bldg=38.1 X 43.6 M
ZoningDescription Ru4d

https://www.realtor.ca/real-estate/28647320/11-123-13-123-11-13-acacia-avenue-ottawa-3302-lindenlea

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David Crapper
Salesperson

(819) 923-1782
www.condodork.com/

Digi Brokerage
401a Golden Ave
Ottawa, Ontario K2A 1H4

(613) 695-6660
www.digirealty.com/

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