109-111 MARIER AVENUE , Ottawa

Bed / $1,190,000 / MLS® Listing #:1328438

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Rare 3-unit investment opportunity consisting of an up-down duplex and separate retail/commercial building! The unit mix of this property includes a converted single family home of 2 x 1 bedroom apartments (one of which includes a partially finished basement with in-unit washer/dryer), plus a separate commercial building, currently being used as an automotive repair business. Rectangular 40' x 100' lot provides excellent future re-development potential. Property is located in close walking distance to popular, trendy Beechwood Avenue. Upper apartment is rented below market at $1,200 utilities included. Landlord has left lower apartment vacant for showings and to provide a buyer flexibility to use or renovate as they choose. Market rent for this unit is estimated at $1,500 utilities included. Commercial building rented at $3,525 including water, property taxes and HST. Furnace in duplex replaced in 2018. Electrical panel replaced in 2016. (id:10452)

Property Details

Property Type Triplex
Square Feet
Maintenance N/A
Days On Our Website 46
Basement Partially finished - Partial (Partially finished)
Kitchens
Lot Dimensions 40 ft X 100 ft
Pool N/A
Area Ottawa
Air Conditioning None
Heating Electric - Forced air
Exterior Vinyl
Parking Spaces 6
Parking Type Surfaced,Surfaced,Tandem
Sewers Municipal sewage system
Water Municipal water

Listing Office: CAPITAL COMMERCIAL INVESTMENT CORP.



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