342 FRANK Street, Ottawa Centre | Image 1

342 FRANK Street

Ottawa Centre, 4103 - Ottawa Centre

  • Commercial

$2,695,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R4T

  • Age: No Data

  • Taxes: 18747

  • MLS®#: X9521472

  • Days on Site: 64 Days

  • Added: Oct 03, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE PERFORMANCE REALTY

Rarely available purpose built multi unit investment property in prime Centretown location. 194K Gross income. Fully rented. Six 3-bedroom unit + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 145931

  • Area: Ottawa Centre

  • Community: 4103 - Ottawa Centre

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Building

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LTS 6 & 7, PL 3766 , S/S FRANK ST , AS IN N289958 ; OTTAWA/NE

  • Taxes: $18,747

  • Expenses: Act

  • Insurance Fee: 8300

  • Hydro Expense: 2409

  • Heat Expenses: 6634

  • Tax Year: 2023

  • Water Fees: 5523

Land

  • Cross Street: Corner of Frank and

  • Municipality District: Ottawa Centre

  • Parcel Number: 041190183

  • Sewer: San+Storm

  • Lot Depth: 66 Feet

  • Lot Frontage: 59.66 Feet

  • Zoning: R4T

Commercial Specific

  • Total Area: 10000

  • Total Area Metric: Sq Ft

  • Gross Income/Sales: 194556

JK-6

École élémentaire catholique Au Coeur d'Ottawa

Elementary: Catholic
0.99 km
JK-6

First Avenue Public School

Elementary: Public
0.93 km
JK-6

Corpus Christi Catholic Elementary School

Elementary: Catholic
1.30 km
JK-6

Elgin Street Public School

Elementary: Public
0.40 km
7-8

Glashan Public School

Elementary: Public
0.40 km
JK-6

Mutchmor Public School

Elementary: Public
1.38 km
9-12

Urban Aboriginal Alternate High School

Secondary: Public
1.18 km
9-12

Richard Pfaff Secondary Alternate Site

Secondary: Public
0.88 km
9-12

Immaculata High School

Secondary: Catholic
0.96 km
Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
0.90 km
9-12

Adult High School

Secondary: Public
1.74 km
Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
1.33 km
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