PERFECT for a long-term investor and someone who wants to build in 10 years - ASK MOE about the plan! FIRE RETROFIT and fire prevention system installed - Priced to sell! LOCATION! Across the street from a school and a short walk to two grocery stores, public transit, and parks. INVESTMENT OPPORTUNITY... This is an 8-UNIT (3 units confirming and 5 non-confirming) APARTMENT Building. All units are self-contained with their own bathroom and kitchen. Fully rented to long-term tenants. The owner has operated this for over 30 years. Looking to possibly retire. There are 2-2bedrms, 1-1bedrm, 5 bachelors with a Net Operating Income of $54,784.00/yr (not incl Maintenance and Mgmt). LOTS to offer here at an UNBEATABLE Return on Investment! (Viewing times vary). Seller is looking for buyers with 30% downpayment+, CASH BUYERS preferred. ***Please drive by/walk the outside BEFORE booking a viewing to the inside; to respect and not disturb the tenants.*** RENT ROLL AVAILABLE - no seller financing (id:37036)
| MLS® Number | 1227196 |
| Property Type | Multi-family |
| Neigbourhood | Vanier South |
| Parking Space Total | 3 |
| Exterior Finish | Siding, Stucco |
| Fireplace Present | No |
| Heating Fuel | Natural Gas, Electric |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 70 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 Ft X 70 Ft |
| Size Total Text | 50 Ft X 70 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/22848604/338-olmstead-street-ottawa-vanier-south
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