152 GOULBURN AVENUE, Ottawa
- Multi-Family
- Spacious 12-bedroom layout
- 5-car parking
- Ottawa location
Ask Peter Sagos about this property
About This Property
Turnkey prime investment opportunity. Purpose-built legal 6 unit multifamily in the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. Stately all brick building. GOI $138, 257. Expenses $29,689. NOI $108,568. Currently offering at a 5% cap rate. Well maintained. Provides steady returns. Never a vacancy. Cooperative tenants. 2 one bedroom units, 2 two bedroom units and 2 three bedroom units. Very spacious units with eat-in kitchens and large living rooms. 5 units have a washer and dryer. Also included: 6 fridges, 6 stoves, 2 hood fans and 6 hot water tanks. 5 parking spaces behind the building. Currently only two are rented. Updates include: Repaired foundation masonry/repair foundation spray foam in 2025 ($5200), Replaced boiler venting in 2024 ($3978), New washer/dryer in Unit 5 in 2023($1604), Full patch and paint for Unit 2 in 2022 ($1700), Added attic insulation in 2020 ($2316), Flushed, reamed and installed liner on main plumbing stack to City connection in 2017 ($6600), New front first floor windows 2016, Appliances between 2011-2016, Apt 5 completely renovated in 2015, Front porch/balcony 2012 & 2016, Roof 2011, Copper wiring 2011, Natural gas boiler 2006 and many more minor improvements. Walking distance to U Ottawa LRT Station, the Rideau Centre, ByWard Market, Strathcona Park, Rideau River, etc. Financials, 2025 Fire report and rent roll attached. 24 hours notice is required for showings. (id:66401)
Property Details
Building & Features
Building
- Building type
- Other
- Storeys
- 2
- Exterior
- Brick, Vinyl siding
- Foundation
- Stone
- Building features
- Separate Electricity Meters, Separate Heating Controls
Interior
- Basement
- Finished, N/A
- Bedrooms above grade
- 10
- Bedrooms below grade
- 2
- Heating
- Natural gas
- Cooling
- None
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Stove, Dryer, Hood Fan
Parking
- Garage and parking
- No Garage
Lot and land
- Lot dimensions
- 40.3 x 100 FT
- Frontage
- 40.3 ft
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
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