Lower Town - Sandy Hill, ON K1N 7X5,258 RUSSELL AVE

$825,000

Est. payment /mo

$849,999

2.9%
Est.Price: ?

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258 RUSSELL AVE Lower Town - Sandy Hill, ON K1N 7X5

SOLD DATE : 06/18/2024

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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Listed by EXP REALTY
agent

David Rizzuto

REALTOR®

+1(647) 643-3283

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