250 HANNAH STREET, Ottawa, K1L7N2

$699,000

Fantastic Investment opportunity with a STRONG CAP RATE! ! Legal triplex on a large 50×100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $53,880/year. Unit 1: 1 bed/1 bath rented at $1,300/month (all inclusive). Unit 2: 2 bed/1 bath rented at $1,795/month (all inclusive). Unit 3: 1 bed/1bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 256, and 258 Hannah also available, combine for total lot size of 180×100 ft — (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. (id:13118)

Triplex

4 Bedrooms

3 Bathrooms

8 Parking Spaces