250 Hannah Street Ottawa, Ontario K1L 7N2

4 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Window Air Conditioner Baseboard Heaters

$699,000

Fantastic Investment opportunity with a STRONG CAP RATE! ! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $53,880/year. Unit 1: 1 bed/1 bath rented at $1,300/month (all inclusive). Unit 2: 2 bed/1 bath rented at $1,795/month (all inclusive). Unit 3: 1 bed/1bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 256, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. (id:53899)

Property Details

MLS® Number X12314287
Property Type Multi-family
Neigbourhood Vanier
Community Name 3402 - Vanier
Parking Space Total 8

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Total 4
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type Window Air Conditioner
Exterior Finish Stucco
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 50 Ft
Size Irregular 50 X 100 Ft
Size Total Text 50 X 100 Ft
Zoning Description R4ua-c

https://www.realtor.ca/real-estate/28668415/250-hannah-street-ottawa-3402-vanier

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