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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

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