Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors. (id:4069)
Address
323 LEVIS AVENUE
List Price
$799,900
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Ottawa
Bedrooms
6
Bathrooms
6
Floor Area
1500 - 2000 Sq. Ft.
Lot Size
42.5 x 89.1 FT Sq. Ft.
Lot Depth
89 ft ,1 in
Frontage Length
42 ft ,6 in
MLS® Number
X13768418
Listing Brokerage
RIGHT AT HOME REALTY
Basement Area
Full, N/A (Finished), N/A
Postal Code
K1L6H1
Parking Places (Total)
5
Appliances
Dishwasher, Dryer, Hood Fan, Storage Shed, Stove, Washer
Amenities
Fireplace(s)
Heat Source
Electric, Natural gas
Heat Type
Baseboard heaters, Other
Cooling Features
None
Fireplace
Yes
Number of Fireplaces
2
Foundation Details
Block
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Sanitary sewer
