RESIDENTIAL
COMMERCIAL
INVESTMENT
120 MARQUETTE AV, OTTAWA, ON, K1L 5J8
SOLD
Property Description
Solid investment opportunity in the gentrifying neighbourhood of Vanier! This lovely purpose built four-plex is located on a quiet street with a 40 ‘ x 100 ‘ lot & R4UA zoning. It features two 1st floor 1 bedroom units, one 2nd floor 3 bedroom unit, and one 3rd floor 2 bedroom unit with great living spaces, decently sized bedrooms, and long-term tenants. Four separate hydro meters. Tenants are on month-to-month (refer to attached “Did you Know” for details). 6 parking spots in rear of building. Owned, maintained, and managed by same owner for 30+ years. Located in close proximity to downtown, schools, hospital, and other amenities. Truly endless possibilities here! Live in one unit & rent out the others, update the units and bring rents to market value, continue renting to tenants in place, or redevelop with R4UA zoning
Contact Agent
Stephanie Norman
Meghan McGuire
613.721.7414
Property Details
Property Type
Detached Fourplex
Bedrooms
5
Bathrooms
4
Size
101.51' x 38.95'
Floors
2
Property Location
120 Marquette Ave, Vanier, ON K1L 5J8, Canada