two re-position triplexes in New Edinburg

An extremely rare opportunity. After Decades of personal ownership, two side by side Lots, each containing a functional Triplex listed for sale simultaneously. In the heart of Lindenlea abutting New Edinburgh and Rockcliff. Taxes estimated for 2019 using City of Ottawa Tax Estimator. All units are vacant. Offers Friday Jan 11 at 11 am. 24 hrs Irrevocable on all offers.

lot size

50 by 100 and 40 by 100

zoned R4P (low rise apartment)

one is $575,000 and other is $625,000

all units are vacant - 6 two bedrooms allow you to set the rents (likely $1800 per month a month each on average)

3 hydro meters

Offers being reviewed on Friday Jan 11

Based upon neighbourhood, lot size, unit type and exterior look; these should be over $800,000 each, I assume these are fixer uppers, since they are vacant

Click the following link to view the Listings:
https://oreb.mlxmatrix.com/DE.asp?ID=1318768713

for more information, or to book a showing, kindly reach out ....