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6 unit in Sandy Hill - close to Ottawa U

Chapel 6 unit opportunity....

Amazing Opportunity! A must see 6 unit income property, right in the Heart of Ottawa. This 6 unit building offers One three bedroom unit, and five two bedroom units. A new addition was constructed in 2003 adding 4 new units. A perfect location walking distance to the University of Ottawa campus, Shopping and byward market. Plenty of parking space as well as 4 covered parking spots, with access to locker/storage space. Rents are low, long time owner. 5 furnaces, 4 AC units and large apartments.

Asking Price - $1,699,900

Gross Income - $105,700
Expenses - $20,899

NOI - $84,801

Parking could be rented to increase income.  Owner is motivated.

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