50
$1,589,000 Sale
Listed 4 days ago
206 BLACKBURN AVENUE
· 5+5
· 4.5
· 2
· 1500 - 2000
Key Facts
Key facts for 206 BLACKBURN AVENUE
Property Type
Apartment
Parking
Garage: No, 2 parking
MLS #
X13879142
Size
1500 - 2000 sqft
Basement
Finished, N/A, Full, N/A (Finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
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:10452)
Room Types
Bathroom
-
Dimensions 1.73 m x 1.57 m
29.24 sqft
Bathroom
-
Dimensions 2.46 m x 2.11 m
55.87 sqft
Bedroom
-
Dimensions 2.97 m x 2.74 m
87.59 sqft
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Listing courtesy of: AVENUE NORTH REALTY INC.
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