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159 Frank Street Ottawa, Ontario K2P 0X4

11 Bedroom 7 Bathroom 5,000 - 100,000 ft2
Hot Water Radiator Heat

$2,600,000

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:37351)

Property Details

MLS® Number X12306932
Property Type Multi-family
Community Name 4104 - Ottawa Centre/Golden Triangle
Features Carpet Free
ParkingSpaceTotal 7

Building

BathroomTotal 7
BedroomsAboveGround 11
BedroomsTotal 11
Age 100+ Years
Appliances Water Meter, Dishwasher, Hood Fan, Stove, Refrigerator
BasementDevelopment Finished
BasementType N/a (finished)
ExteriorFinish Brick, Stucco
FoundationType Stone
HeatingType Hot Water Radiator Heat
StoriesTotal 3
SizeInterior 5,000 - 100,000 Ft2
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 89 Ft ,1 In
SizeFrontage 49 Ft ,3 In
SizeIrregular 49.3 X 89.1 Ft
SizeTotalText 49.3 X 89.1 Ft

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/28652643/159-frank-street-ottawa-4104-ottawa-centregolden-triangle

Contact Us

Contact us for more information


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Andrea Gil
Salesperson

(613) 220-8624

Royal LePage Team Realty
3101 Strandherd Drive, Suite 4
Ottawa, Ontario K2G 4R9

(613) 825-7653
(613) 825-8762
www.teamrealty.ca/

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