1299 DORCHESTER AVENUE
Ottawa, Ontario K1Z8E8

$1,350,880

Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location ,close to amenities, schools, and transportation, it has consistent occupancy and strong rental demand. Perfect for investors seeking to expand their portfolio, its proven income generation and development possibilities make it an attractive purchase. High Net income of $64,079 with Cap Rate of 4.7%. Loads of development potential while keeping current building. Roof (2019), Furnace (2014). Contact us today for more information (id:25961)

None Forced air

Virtual Tour
Year Built 1960
Cooling Type None
Flooring Type Hardwood, Linoleum
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
Courtesy of KELLER WILLIAMS INTEGRITY REALTY
Listed on: February 23, 2024

On market: 86 days

Office: 613.270.8200

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