TURN-KEY INVESTMENT OPPORTUNITY IN WEST CENTRE TOWN Pride of ownership is apparent. Great investment, well managed and cared for by a conscientious longtime owner. Gross Effective Income $97,600, Net Operating Income $78,500. Huge addition, fire-retrofit, integrated fire alarm system, fire escape, electrical, plumbing, weeping tile, windows, doors, +++ in 2004/2006. Ongoing updates and upgrades over the years of ownership. Seven parking spots. Separate storage lockers for all units. Six apartments: 1 three-bedroom, 2 two-bedroom, 2 one-bedroom and 1 studio/bachelor. Three with in-unit laundry. Coin-op on site for the remaining three. Last unit updated was Unit 3 in 2015. Back roof shingles 2009, front 2019. Rents at today's market rate offer a 12% upside from current rents. Current landlord does not charge for parking. Add another $8400+/yr. Traffic-calmed street. 66’x99’ lot. Zoning R4UB. Call today for rent roll+details. Come make 102 Cambridge Street North your new investment! (id:2493)
Data was last updated June 2, 2023 at 08:15 AM (UTC)
Area Statistics
Listings on market:
93
Avg list price:
$1,365,000
Min list price:
$549,900
Max list price:
$5,170,000
Avg days on market:
35
Min days on market:
1
Max days on market:
310
These statistics are generated based on the current listing's property type
and located in
Ottawa. Average values are
derived using median calculations.
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