206 BLACKBURN AVENUE, Ottawa
- Multi-Family
- Spacious 10-bedroom layout
- 2-car parking
- Ottawa location
Ask Peter Sagos about this property
About This Property
NET ALMOST $100K PER YEAR – 6.2% CAP RATE! Exceptional investment opportunity – 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 6.2%. (id:66401)
Property Details
Building & Features
Building
- Building type
- Duplex
- Storeys
- 2
- Exterior
- Brick
- Foundation
- Concrete
- Flooring
- Tile, Hardwood, Laminate
- Building features
- Fireplace(s)
Interior
- Basement
- Finished, Full, Separate entrance, N/A
- Separate entrance
- Yes
- Bedrooms above grade
- 5
- Bedrooms below grade
- 5
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- 1 fireplace
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Parking
- Garage and parking
- No Garage
Lot and land
- Lot dimensions
- 31 x 100 FT
- Frontage
- 31 ft
- Lot features
- Carpet Free
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
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