Colleen McBride

Sales Representative

CALL ME 613.291.9909

5931 PERTH STREET
Ottawa, Ontario K0A2Z0

  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa
  • 5931 PERTH STREET Ottawa

$3,565,000

ID# X11228242

Baseboard heaters

Welcome to Richmond, the fast developing rural suburb of Ottawa in the heart of the Greenbelt. This is an incredible opportunity to invest in the residential rental property in the heart of Richmond at a a fair price. This property consists of 16 x one bedroom apartments of various sizes, average rent is $1,182/month, meaning there is significant upside potential. The owner has been renovating units as they become available, however there are a number that still need upgrading. The building is built on a slab so all units are direct walk-in and could easily be converted to a seniors residence. Unit sizes vary from 500sq ft to close to 800sq ft which provide potential to add a second bedroom and higher rents. The owner has also installed coin op washer and dryers plus a reverse osmosis water system that sells bottled water for additional income. Another feature is that the property enjoys a residential tax rate that is far lower than comparable properties. Units are electric heat and tenants pay their own electric bills and . In considering this property, buyers should be aware that the property is slightly larger than an acre and given it's corner location on the main street of Richmond, it could provide the cornerstone of a land assembly. Property has been owner managed for 27yrs and all maintenance issues are dealt with promptly. (id:25961)
LEARN MORE ABOUT THIS PROPERTY
Courtesy of RE/MAX HALLMARK SAM MOUSSA REALTY

Listed on: November 27, 2024

On market: 7 days
Heating Type Baseboard heaters

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TESTIMONIALS

What Colleen's clients are saying...

"I have worked with Colleen for years and she has sold countless properties for us. She always offers sage advice preparing a house for sale and has a proven ability to negotiate and close the deal in a timely manner. Her professionalism is beyond reproach and she is truly a pleasure to work with.."

ANDREW seller 

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Colleen & Connor McBride

Realtors


(613) 291-9909 - Colleen

(613) 808-9895 - Connor

Colleen.mcbride99@gmail.com

connormcbride007@gmail.com

 

RE/MAX Hallmark® Realty Group

Brokerage, Independently Owned & Operated

610 Bronson Ave

Ottawa, Ontario K1S 4E6

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5931 PERTH STREET