403 PEACH TREE LANE , Ottawa

$699,900 / MLS® #:1159827

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Great investment in an awesome location, cap rate 7%. Brick purpose built triplex with 2-4 bedroom and 1-3 bedroom LARGE units. Fully rented, never a vacancy. Generating over $4,800 per month in rental income, this building has its own private yard and it's within walking distance to the park, nearby amenities, public transit and minutes to downtown. Full brick building, lots of interior upgrades in the past 10 years (kitchens, bathrooms, flooring). Unit#2 is rented furnished for $2,260 (landlord pays hydro+gas), unit 1 rents for $1,200 plus heat and hydro, unit 3 rents for $1,400+heat and hydro. All appliances: 3 fridges, 3 stoves, 3 dishwashers, 3 microwave/hood fans, 1 washer and 1 dryer (coin operated) and furniture in unit#2 are included. 4 Hydro meters, 3 HWT (owned) and 3 high efficiency gas furnaces. Available immediately. (id:10452)

Property Details

Property Type Triplex
Square Feet
Maintenance N/A
Days On Our Website 9
Basement Finished - Full (Finished)
Lot Dimensions 56 ft X 100 ft
Pool N/A
Area Ottawa
Fireplaces N/A
Air Conditioning None
Heating Natural gas - Forced air
Exterior Brick
Parking Spaces 6
Parking Type Surfaced
Sewers Municipal sewage system
Water Municipal water


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