240 Marier Avenue

$829,000
Fourplex for sale in Ottawa, ON

45.437477, -75.662384

Main Intersection
Vanier Parkway & Montreal Road
Location
Ottawa
Address

240 Marier Avenue
Ottawa ON K1L 5R1
Canada

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Building Information

Overall Building Size
4 Units
Zoning
R4UA-c - Residential Fourth Density Zone
Parking
1 Spot
MLS Number(s)
X12196952
Property Highlights

Don’t miss this fourplex (4 x 1 bed) with over $150,000 of capex! Corner property with great curb appeal priced at a 6 cap with over $73,000 gross income and still has room to grow. Metal roof with steel guards and snow barriers, brand new rear stair case, deck as well as front steps and porch, one parking spot with new asphalt and new furnace 2023. Units 2, 3 and 4 have been completely renovated (unit 1 remains dated and requires TLC, yet its rented close to market rates). Coin operated laundry.

  • $150,000 Capital Improvements
  • 6 Cap
  • $73,000 Gross Income
  • Corner Property
  • Located in Vanier
  • Easy access to downtown Ottawa
Details

Taxes

$4,579

Availability

Immediate