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159 FRANK STREET - MLS® # X12306932

$2,600,000

Property Details

Living Area
5,000 sqft.
Bedrooms
11
Bathrooms
7
Lot Size Area
49.3 x 89.1 FT
Taxes
N/A
Type
Other
Style
N/A
Basement
N/A (Finished)
Year Built
N/A

Description

Absolutely pristine investment property 7-unit building with top-dollar rents and an unbeatable location. Over $1.3 million in renovations completed in 2011, including all-new electrical, heating systems, kitchens, bathrooms, windows, and flooring top-to-bottom transformation. Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Street's vibrant cafes, restaurants, shops, and transit. This immaculate building features large, spacious units, soaring 10-foot ceilings, hardwood floors, and abundant natural light through large windows. Kitchens boast granite countertops, quality appliances, and ample storage. Professionally managed with excellent tenants and zero vacancies a true turnkey opportunity. Includes 7 outdoor parking spaces offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core. With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to own a beautifully renovated, fully leased investment property in one of Ottawa's most desirable neighborhoods. (id:2469)

Features

Carpet Free

Listing Provided By

ROYAL LEPAGE TEAM REALTY

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CONTACT

Real Estate Listing provided by
  • Name:
    Lucas Smith
  • Phone:
    613-447-6037
  • Mobile:
    613-447-6037
  • Address
    • EXP REALTY 424 CATHERINE ST, UNIT 200
    • Ottawa, ON
    • K1R5T8
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