384 FRANK Street, Ottawa Centre | Image 1

384 FRANK Street

Ottawa Centre, 4103 - Ottawa Centre

  • Commercial

$X,XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: TM[2566] H(12)

  • Age: No Data

  • Taxes: 23000

  • MLS®#: X9521042

  • Days on Site: 47 Days

  • Added: Oct 01, 2024 (1 month ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: CLV REALTY CORPORATION

Welcome to 384 Frank Street, a newly built and fully occupied 8-unit apartment building in the heart of Centretown, Ottawa. This prime investment opportunity boasts an unbeatable location, within walking distance to downtown, Lansdowne Park, and an array of shops, restaurants, and entertainment, with quick access to the 417 on-ramp. Each modern unit is thoughtfully designed with high-quality finishes, in-unit laundry, and access to a large shared deck, perfect for outdoor relaxation. This low-maintenance, energy-efficient building is ideal for investors seeking a turn-key property. Situated in a highly desirable rental neighborhood, the property is fully occupied with quality tenants. Don't miss your chance to secure this premium asset in one of Ottawa's most vibrant and in-demand areas!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 115931

  • Area: Ottawa Centre

  • Community: 4103 - Ottawa Centre

  • Availability Date: TBD

Building

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT E, CON CRF , AS IN CR517029 ; PT BLK 51, PL 15558 , AS IN

  • Taxes: $23,000

  • Insurance Fee: 6000

  • Water Fees: 4200

Land

  • Cross Street: Located on the south

  • Municipality District: Ottawa Centre

  • Parcel Number: 041190193

  • Sewer: Sewers

  • Lot Depth: 71 Feet

  • Lot Frontage: 33 Feet

  • Zoning: TM[2566] H(12)

Commercial Specific

  • Gross Income/Sales: 175380

Map of 384 FRANK Street, Ottawa Centre
JK-8

Centennial Public School

Elementary: Public
0.92 km
JK-6

First Avenue Public School

Elementary: Public
0.94 km
JK-6

Corpus Christi Catholic Elementary School

Elementary: Catholic
1.25 km
JK-6

Elgin Street Public School

Elementary: Public
0.52 km
7-8

Glashan Public School

Elementary: Public
0.32 km
JK-6

Mutchmor Public School

Elementary: Public
1.33 km
9-12

Urban Aboriginal Alternate High School

Secondary: Public
1.11 km
9-12

Richard Pfaff Secondary Alternate Site

Secondary: Public
0.75 km
9-12

Immaculata High School

Secondary: Catholic
1.05 km
Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
1.00 km
9-12

Adult High School

Secondary: Public
1.61 km
Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
1.23 km
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