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Triplex in Hiawatha Park / Orleans

Asking Price $855,000
MLS# – 1380763

Rooms & Sizes

Description

Unique Property, Crafted w/Care by Seasoned Custom Home Builder. Nestled Near Picturesque Ottawa River, this Split-Level Bungalow Boasts Character & Versatility. Main FLR Feat. 2-Bed w/Full Bath & Loft w/Separate Entrance. Loft Offers Potential for Personal Use w/Main Floor or Enclose as Additional Income Unit Making Property a 4-Plex! BSMNT Unveils Two Well-Maintained 1-Bed Apartments, Each w/Kitchen. Long-Term Tenants Have Cherished Units for 8 & 10 Years, Respectively, Providing Stable Rental Income. Property Feat. Oversized 2-car Garage, Ideal for Storing Vehicles or Watercraft. Drive-Thru Bay Ideal for Boat Enthusiasts. Forced Air Gas Heating & Commercial Hot Water Tank Services Entire House Making Utility Management Simplified. Live on the Main FLR & Have BSMNT Tenants Make Your Mortgage Payments, or Rent Entire Home. This Property Boasts Several Options! Property Presents Exceptional Investment Opportunity in Sought-After Location Generating Strong Income & Cap Rate Over 5.5%! (id:52884)

Features

Central air conditioning

FinishedFull

BrickSiding

Attached GarageInside Entry

Municipal sewage system

HardwoodLaminate

Municipal water

Map

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    Last Updated
    03/12/2024
    Data Provider
    Ottawa Real Estate Board
    Listing Office
    EXP REALTY