154-156 Dagmar Avenue Ottawa, Ontario K1L 5T2

4,000 ft2
None Radiant Heat

$1,649,900

Prime Investment Opportunity: 6-Unit Multi-Residential Building. Located just a few blocks from vibrant Beechwood Avenue, this well-maintained 6-unit property presents a strong investment opportunity. Each unit offers one bedroom and one bathroom, with consistent updates and maintenance carried out over the years. Key features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Roof (2011), windows (2012), HWT (2016). Financial highlights: Gross rental income: $115,320, Operating expenses: $22,649, Net Operating Income (NOI): $92,671. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. This property offers excellent cash flow with upside potential. Full investor package is available. Some photos are virtually staged. (id:52914)

Property Details

MLS® Number X12898742
Property Type Multi-family
Community Name 3402 - Vanier

Building

Appliances Dryer, Washer
Cooling Type None
Heating Type Radiant Heat
Size Interior 4,000 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 89 Ft ,10 In
Size Frontage 32 Ft ,11 In
Size Irregular 32.96 X 89.88 Ft
Size Total Text 32.96 X 89.88 Ft
Zoning Description R4ua

https://www.realtor.ca/real-estate/29490431/154-156-dagmar-avenue-ottawa-3402-vanier

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