48 BELL STREET N
Ottawa, Ontario K1R7C7

$685,000

ID# X11884075
Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers. (id:25961)
Courtesy of EXP REALTY
Listed on: December 05, 2024

On market: 7 days
Bathroom Total 2
Bedrooms Total 3
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
KitchenSecond level3.1 m x 2.6 m
Living roomSecond level3.6 m x 3 m
BedroomSecond level3.6 m x 3.5 m
BedroomSecond level4 m x 6.7 m
Laundry roomSecond level1.5 m x 2 m
KitchenMain level2.4 m x 2.628 m
Living roomMain level4.1 m x 4.4 m
Dining roomMain level5.2 m x 1.8 m
BedroomMain level4.4 m x 2.8 m
KitchenSecond level3.1 m x 2.6 m
Living roomSecond level3.6 m x 3 m
BedroomSecond level3.6 m x 3.5 m
BedroomSecond level4 m x 6.7 m
Laundry roomSecond level1.5 m x 2 m
KitchenMain level2.4 m x 2.628 m
Living roomMain level4.1 m x 4.4 m
Dining roomMain level5.2 m x 1.8 m
BedroomMain level4.4 m x 2.8 m
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Nicolas Blackburn

SALES REPRESENTATIVE

Direct: (613) 601.2224

nblackburn@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave

Ottawa, Ontario

Canada K2A 1C8

Office: 613-725-1171

Toll Free: 1-800-307-1545

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