391 GREENWOOD AVENUE, Ottawa
- Multi-Family
- Spacious 6-bedroom layout
- 6-car parking
- Ottawa location
Ask Peter Sagos | REALTOR® about this property
About This Property
Discover an excellent investment opportunity in sought-after Westboro! This all-brick property features three permitted, self-contained two-bedroom residential units, offering an attractive combination of location, rental income, and long-term investment potential. With approximately $81,600 in seller-reported annual gross rental income, the property presents an opportunity for investors seeking an established rental property or owner-occupiers looking to benefit from additional rental income. The building consists of a legal duplex complemented by a permitted basement secondary dwelling unit. The basement suite features a simpler, more functional finish than the upper apartments, adding versatility to the property’s rental configuration. Situated on a 49.02′ x 66′ lot, the property features separate hydro meters, air conditioning, two driveways, coin-operated laundry, a six-camera surveillance system with DVR and a storage shed. Recent reported improvements include heating equipment, windows, electrical and plumbing upgrades, and renovations to the upper apartments. Enjoy a prime Westboro location close to shopping, restaurants, schools, public transit, parks and recreational amenities. An established multi-unit income property in one of Ottawa’s most desirable neighbourhoods. Financial and property information available for review. (id:67440)
Property Details
Building & Features
Building
- Building type
- Triplex
- Storeys
- 2
- Exterior
- Brick
- Foundation
- Block
- Building features
- Separate Electricity Meters
Interior
- Basement
- Separate entrance, N/A
- Separate entrance
- Yes
- Bedrooms above grade
- 6
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
- Appliances
- Water Heater
Parking
- Garage and parking
- No Garage
Lot and land
- Lot dimensions
- 49 x 66 FT
- Frontage
- 49 ft
- Lot features
- Carpet Free, Sump Pump
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
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