Multi-Family for Sale in Ottawa – 329 RICHELIEU AVENUE, Ottawa – MLS# X13249836

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$1,624,900

329 RICHELIEU AVENUE, Ottawa

3,620 Sq Ft • Multi-Family
MLS# X13249836
  • Multi-Family
  • 3,620 sq ft lot
  • Ottawa location
613-369-5199

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About This Property

Discover this well-maintained 7-unit multifamily building just minutes from the heart of Ottawa, offering steady cash flow and upside potential. This turnkey investment combines solid tenants, attractive unit mix, and a desirable neighborhood with high demand for rental housing. The prime location is walkable to transit, schools, parks, shopping, dining, and cultural amenities, and is within close proximity to the University of Ottawa. Unit mix is comprised of four 2-bedrooms, two 1-bedrooms and one bachelor. All units are in excellent condition, with two of the units completely renovated in spring 2024, and two others upgraded in the past few years. Onsite laundry is available for tenant convenience and an additional source of income. The property also features an outdoor patio are for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. (id:66401)

Property Details

Living Area 3,620 sq ft
Lot Size 3,620 sq ft
Property Type Multi-Family

Location

329 RICHELIEU AVENUE, Ottawa, Ontario, K1L6J7

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Peter@Condo613.ca 613-369-5199
14 Chamberlain Ave. #101, Ottawa, ON K1S 1V9

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