205 Marier Avenue

Visit the REALTOR website for further information about this Listing. Turn-key 4-unit multifamily in east-central Ottawa. One 2-bed/1-bath, one 2-bed/2-bath, and two 1-bed/1-bath units. Approx. $90,000 gross income and projected NOI near $71,000 - a 6.47% cap rate at $1,100,000. All renovated in 2018/2019. Approx. $90,000 gross income and projected NOI near $71,000 - a 6.47% cap rate at $1,100,000. Recent capital work: pavement (2023), exterior cladding (2023), windows (2019), roof (2019). Steps from Beechwood, with quick access to the Montfort Hospital, downtown Ottawa, the University of Ottawa, the Byward Market and the rest of Ottawa through the nearby highway 417. CM1 zoning may support future development (buyer to verify). Furnace and hot water tank rental from Enercare. Offered as-is; figures to be verified. Professionally managed by Easy Street Services. (id:64869)