279 ST ANDREW STREET , Ottawa

$1,950,000 / MLS® #:1087370

$9274/mo*

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Rarely offered Purpose built 8 unit building that was turned to 6 unit after Fire Retrofit. One cool two story 3 bedroom unit currently Air B&B. Five slick unique large one bedroom apartments fully rented with great tenants. Apartment #8 is in the basement and used for storage & maintenance due to fire retrofit requirements. This building has been in the owners family for decades. Very charming period style throughout this great investment property. Parking is on the lot next door with space for up to ten cars at $100 per month at 281 St Andrew ( $400,000.00) along with the house at 277 St Andrew ($435,000.00) must be sold together as a package. Total listed price for the land assembly of three properties is $2,795,000. Total gross income for all three properties is $156,569.34 net income is $ 126,098.01 with all 8 parking rented ( $125.00/mth) showings Thursdays 1:00 to 2:30 including 277 St Andrew 48hr notice (id:10452)

Property Details

Property Type Multi-family
Square Feet
Maintenance N/A
Days On Our Website 28
Basement
Kitchens
Lot Dimensions 25.75 ft X 99 ft
Pool N/A
Area Ottawa
Air Conditioning N/A
Heating Electric - Baseboard heaters
Exterior Brick, Wood
Sewers Municipal sewage system
Water Municipal water

Listing Office: CENTURY 21 GOLDLEAF REALTY INC.



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