LOADING

238 Marier Avenue Ottawa, Ontario K1L 5R3

None Forced Air

$885,000

Great investment opportunity with a >4.5% cap rate in the city! Well maintained, legal fourplex located conveniently near main roads. The current owners have successfully managed this property and all four units are leased month-to-month with great tenants who would prefer to stay. Three one bedroom and one two bedroom apartments that have been kept nicely updated. Separate hydro meters for each unit. Coin operated laundry room adds additional income. Includes two parking spaces at rear. Seller has given direction, via form 244, not to convey any Offers prior to 7:00pm on 24 February, 2022 unless they meet a specific criteria. For criteria disclosure, please contact the listing agent. Sale is subject to severance of two parking spots currently part of the property in favour of 236 Marier Ave. Income and expense details available for well qualified, interested buyers. Showings available with 24 hrs notice at the following times: Mondays 11am-2pm, Wednesdays 5pm-8pm and Saturdays 9am-2pm (id:20425)

Property Details

MLS® Number 1277658
Property Type Multi-family
Neigbourhood Vanier
Parking Space Total 2

Building

Basement Development Unfinished
Basement Features Low
Basement Type Unknown (unfinished)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Siding
Fireplace Present No
Flooring Type Mixed Flooring
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 110 Ft ,1 In
Size Frontage 25 Ft ,11 In
Size Irregular 0.06
Size Total 0.06 Ac
Size Total Text 0.06 Ac
Zoning Description R4ua-c

https://www.realtor.ca/real-estate/24044839/238-marier-avenue-ottawa-vanier

Interested?

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Dave Fletcher
Salesperson

www.ottawadreamhouse.com
www.facebook.com/ottawadreamhouse
twitter.com/Dave_Fletcher

RE/MAX Hallmark Realty Group
4366 Innes Road
Ottawa, ON K4A 3W3

(613) 590-3000
(613) 590-3050
www.hallmarkottawa.com

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