$825,000
$849,999
2.9%For more information regarding the value of a property, please contact us for a free consultation.
258 RUSSELL AVE Lower Town - Sandy Hill, ON K1N 7X5
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision 4004 - Sandy Hill
MLS Listing ID X9430030
Sold Date 06/18/24
Annual Tax Amount $7,819
Tax Year 2023
Property Sub-Type Triplex
Property Description
Flooring: Hardwood, Flooring: Carpet W/W & Mixed, Beautiful 3-unit apartment building ideally situated in the heart of Sandy Hill. Each unit boasts a private entrance along with designated outdoor space. Unit 1 (2 bedroom) and unit 2 (1 Bedroom) are both 2-story apartments providing ample living space and comfort. Unit 3 is a bachelor unit, offering a compact yet comfortable living space. Noteworthy features of the building include four gas meters, four rental hot water tanks, and four hydro meters, ensuring that each tenant is responsible for their own utilities. Additionally, there is a shared coin-operated laundry area for added convenience. With the potential for rent increases, this property presents an excellent cash flow opportunity for investors or those seeking to reside in one of the units themselves. For a comprehensive financial outlook, please refer to the attached NOI statement. 24 Hr notice for all showings & 24 Hr Irrevocable
Location
Province ON
County Ottawa
Community 4004 - Sandy Hill
Area Ottawa
Zoning R4-H
Rooms
Basement Full, Finished
Interior
Cooling None
Exterior
Roof Type Asphalt Shingle
Lot Frontage 27.09
Lot Depth 71.0
Total Parking Spaces 1
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