Fantastic Investment opportunity with a STRONG CAP RATE! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $65,520/year. Unit 1: 2 bed/2 bath rented at $1,695/month (all inclusive). Unit 2: 2 bed/2 bath rented at $2,295/month (all inclusive). Unit 3: bachelor/2bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. (id:37351)
MLS® Number | X12314288 |
Property Type | Multi-family |
Community Name | 3402 - Vanier |
ParkingSpaceTotal | 6 |
BathroomTotal | 6 |
BedroomsAboveGround | 6 |
BedroomsTotal | 6 |
BasementDevelopment | Finished |
BasementType | Full (finished) |
CoolingType | Central Air Conditioning |
ExteriorFinish | Stucco |
FoundationType | Concrete |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 1,100 - 1,500 Ft2 |
Type | Triplex |
UtilityWater | Municipal Water |
Detached Garage | |
Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 100 Ft |
SizeFrontage | 50 Ft |
SizeIrregular | 50 X 100 Ft |
SizeTotalText | 50 X 100 Ft |
ZoningDescription | R4ua-c |
https://www.realtor.ca/real-estate/28668416/256-hannah-street-ottawa-3402-vanier
Contact us for more information
Charles Khouri
Salesperson
(613) 725-1171
(613) 725-3323
www.teamrealty.ca/