185 HENDERSON Avenue, Lower Town - Sandy Hill | Image 1

185 HENDERSON Avenue

Lower Town - Sandy Hill, 4004 - Sandy Hill

  • Commercial

$3,150,000
For Sale

Added 7 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: Residential

  • Age: 6-15 years

  • Taxes: 27245

  • MLS®#: X9516454

  • Days on Site: 216 Days

  • Added: Jun 13, 2024 (7 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: EXP REALTY

Discover an exceptional investment opportunity with this six-unit building, featuring generously sized and fully occupied units. The property comprises four expansive 4-bedroom units and two 6-bedroom units, all equipped with in-unit laundry. Perfect for any investor, this building is nestled in a prime location just steps from Rideau Centre, the University of Ottawa, parks, and a variety of amenities. Strategically positioned in one of the city's most robust rental markets, this outstanding property offers immediate rental income with substantial potential for future growth. Don't miss your chance to explore this must-see investment, primed to deliver excellent returns in an unbeatable location.48 Hours Notice for all showings & 48 Hour Irrevocable on all offers

Extras

Other in expenses are Snow, garbage & lawn care. See attached for complete income and expenses. Capital expenditure statement will be provided upon request. Maintenance amount on MLS is estimated at 5% of income.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 6-15

  • Net Income: 210512

  • Area: Lower Town - Sandy Hill

  • Community: 4004 - Sandy Hill

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Freestanding: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 30, PL 45224 , E/S HENDERSON AV CITY OF OTTAWA

  • Taxes: $27,245

  • Expenses: Act

  • Management Expense: 13370

  • Insurance Fee: 5728

  • Operating Fees: 78218

  • Hydro Expense: 2279

  • Heat Expenses: 3431

  • Other Expenses: 7194

  • Taxes Type: Annual

  • Taxes: 27245

  • Tax Year: 2024

  • Water Fees: 4656

Land

  • Cross Street: King Edward right on

  • Municipality District: Lower Town - Sandy Hill

  • Parcel Number: 042050011

  • Lot Depth: 101 Feet

  • Lot Frontage: 40 Feet

  • Zoning: Residential

Commercial Specific

  • Total Area Metric: Sq Ft

  • Gross Income/Sales: 288730

Map of 185 HENDERSON Avenue, Lower Town - Sandy Hill
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