244 HANNAH STREET, Ottawa, K1L7N2

$699,000

Fantastic Investment opportunity with a STRONG CAP RATE! Legal duplex on a large 50×100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $55,500/year. Unit 1: 3 bed/1 bath rented at $1,925/month (plus hydro). Unit 2: 4 bed/4 bath rented at $2,700/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 250, 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)

Duplex

7 Bedrooms

5 Bathrooms

6 Parking Spaces