329 RICHELIEU AVENUE, Ottawa, Ontario, K1L6J7
Discover this well-maintained 7-unit multifamily building just minutes from the heart of Ottawa, offering steady cash flow and upside potential. This turnkey investment combines solid tenants, attractive unit mix, and a desirable neighborhood with high demand for rental housing. The prime location is walkable to transit, schools, parks, shopping, dining, and cultural amenities, and is within close proximity to the University of Ottawa. Unit mix is comprised of four 2-bedrooms, two 1-bedrooms and one bachelor. All units are in excellent condition, with two of the units completely renovated in spring 2024, and two others upgraded in the past few years. Onsite laundry is available for tenant convenience and an additional source of income. The property also features an outdoor patio are for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. (id:2471)
CENTURY 21 Valley Realty Inc. Brokerage - Renfrew
- Property Address: 329 RICHELIEU AVENUE, Ottawa, Ontario, K1L6J7
- Community Name: 3404 - Vanier
- Property Type: Multi-family
- Zoning Description: R4B
- Lot Size: 3620
- Acreage: 3620 ac
- Water Type: Municipal water
- Maintenance Fee: 0.00
- Amenities Nearby: Public Transit
- Structure Style: Multi-Family
- Floor Space: 3620 sqft
- Heating Type: Natural gas, Hot water radiator heat
- Cooling: None
- Appliances Included: All
Listing Offices: ROYAL LEPAGE EDMONDS & ASSOCIATES
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