460 Nelson Street Ottawa, Ontario K1N 7S8
$2,500,000
A great investment opportunity is available in the heart of Ottawa with this four-unit building. Building features 2 spacious five bedrooms units , one 4 bedroom and one six bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($182,254.23) Yearly Expenses: ($65,293.51) Net Income: ($116,960.72). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income. (id:60234)
Property Details
| MLS® Number | X9516447 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Community Name | 4004 - Sandy Hill |
| Parking Space Total | 1 |
Building
| Bathroom Total | 8 |
| Bedrooms Above Ground | 9 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 13 |
| Age | 6 To 15 Years |
| Appliances | Water Heater |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding, Stucco |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 101 Ft ,2 In |
| Size Frontage | 45 Ft ,9 In |
| Size Irregular | 45.81 X 101.21 Ft ; 0 |
| Size Total Text | 45.81 X 101.21 Ft ; 0 |
| Zoning Description | Residantial |
Utilities
| Cable | Available |
| Sewer | Installed |
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March 24 2025 10:29:10
Ottawa Real Estate Board
Exp Realty