62-64 Cobourg Street

$985,000

Attention Investors- A fantastic opportunity to purchase a manageable building with a healthy cash flow in the heart of lower town. Fourplex building with each unit respectable in size and condition. No issue with vacancy. Desirable area for tenants with close proximity to Ottawa U, Transit in a rejuvenated neighbourhood. Two – 2 bedroom units s and Two -1 Bedroom units with good rent roll. Roof 2008, Windows 2010. The building is low maintenance with fantastic tenants. Cap rate just above 5% which is rare. A perfect building to add to your portfolio or for first-time investors. (id:25961)

Year Built

1900

Total Units

4

Cooling type

None

Heating Type

Electric Baseboards

Flooring

Hardwood, Tile, Vinyl

Stories

3

Water/Sewer

Municipal/Sewer Connected

thin

Ryan Benjamin

PARTNER

SALES REPRESENTATIVE

Direct: 613-863-3222

Ryan@ottawaishome.com

Royal LePage Adam Mills Team Realty

4-3101 Strandherd Drive

Ottawa, Ontario

Canada, K2G 4R9

Office: 613-777-6329

Toll Free: 1-800-307-1545

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