5 Beds 5 Bath

196-194 Augusta Street, Lower Town - Sandy Hill, ON K1N 8C3

Lower Town - Sandy Hill K1N 8C3 Ontario

MLS: X12427271

$1,250,000

Added 29 minutes ago | For Sale

Listed by: RE/MAX AFFILIATES R.THE SUSAN & MOE TEAM

About Property

ONE PACKAGE DEAL! 194 & 196 Augusta Street are sold together, offering a unique chance to own a semi-detached 3-bedroom home and a duplex. Perfect for investors seeking rental income or a savvy buyer looking to rent the entire building at a cap rate of over 5% (estimated 3 bedroom home at 3600/month). One the one side (194) each unit has its own entrance with 1 bedroom, 1 bathroom, and a spacious living room with access to their own balcony. Recent updates include a new boiler system (2023), windows, bathrooms, and wiring. Strategically located in downtown Ottawa, close to the University of Ottawa and all amenities. A turnkey property ready for you to start generating income!

Features

  • House Style:Triplex
  • Bathrooms:5
  • Land Size: 98.87 X 26.06
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Besserer & Augusta
  • Basement:Full,Unfinished , Full,Unfinished
  • Possession Date:TBV
  • Annual Property taxes: $10160
  • Bedrooms:5
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Water
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12427271

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