Active

48 BELL STREET N

Ottawa Ontario, K1R7C7

C$699,900


Active

Residential

Built in 1900

 Courtesy of EXP REALTY 

Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers. (id:41202)

1419434

MLS ID

November 19, 2024

Updated

Map

48 BELL STREET N
Ottawa Ontario, K1R7C7

Interior Features

Total Stories

2


Floor Description

Hardwood, Laminate, Tile


Fireplace

No


Cooling

Yes


Cooling Description

None


Heating

Yes


Heating Description

Forced air, Natural gas

Exterior/Building Features

Sewer

Municipal sewage system

Other Property Details

Association Amenities

Public Transit, Recreation Nearby, Shopping


Garage

No


Parking Total

2


View

No


Pool

No

Courtesy of EXP REALTY

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