Property Description

With changing market conditions, including an increasingly difficult market for Buyers to be pre-approved for affordable homes, the anticipated increases in demand for Multifamily homes has seen investors FLOCK to purchase great valued buildings with recession proof locations. This FOUPLEX in Lower Town checks all the boxes for those astute investors. Located in front of the Bruyere Hospital and surrounded by every necessary amenity, this property has one 2 bed unit and three 1 bedroom units (one of them is a 1+den). Separate Hydro meters, as well as Coin Wash and Extra Parking provides additional cash flow. Offered at a 4.4 Cap Rate, this recently updated Multifamily Home offers not only incredible value, but opportunity for significantly increased cash flow over the next 5 years. (id:47962)

Address: 32/34 BRUYERE STREET
City: Ottawa
State/Province: Ontario
Zip: K1N5C5
Country: Canada
Days On Market: 69 days
Mls Number: 1293099
Property Type: Multi-family
Price: $ 1,199,000
Building Type: Fourplex
Stories: 3
Parking Space: 4
Zoning Description: R4S
Land Size: 33.99 ft X 100.25 ft
Transaction Type: For sale
Neigborhood: Lower Town
Half Bathroom (Bathroom Partial): 0
Foundation Type: Stone
Bathrooms: 0
Basement: Common (Unfinished)
Structure Type: Deck
Features: Balcony
Foundation Type: Stone
Flooring: Hardwood, Tile
Basement Development: Unfinished
Basement Features: Low
Basement Type: Common (Unfinished)
Exterior Finish: Stone, Siding, Vinyl
Cooling: None
Fireplace: Not Available
Utility Sewer: Municipal sewage system
Water: Municipal water
Community Features: Adult Oriented
Amenities Nearby: Public Transit, Recreation Nearby, Shopping, Water Nearby
Parking Type: Surfaced
Land Acreage: false
Date Status Price MLS Number URL
July 07, 2022 Active  $1,199,000 1293099
January 26, 2020 Unavailable  $839,000 1167664 View Listing
November 30, 2019 Unavailable  $839,000 1167664 View Listing
September 04, 2019 Active  $839,000 1167664 View Listing
June 22, 2019 Active  $839,900 1155885 View Listing


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