$1,985,000 Sale

Listed 46 days ago

72 PRETORIA AVENUE

MLS® x13719870 Multi Family

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 5000

Est. mortgage

$7,530/mo

Key Facts

Key facts for 72 PRETORIA AVENUE

Property Type

Apartment

Parking

Garage: No, 0 parking

MLS #

X13719870

Size

5000 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building. 2 parking spaces can generate extra i...ncome. Tenants pay hydro. Roof (2018), Windows (2016), Boiler (2025). Grocery store, LCBO, TD Bank, the Canal and bike/walking trail all located across the street, minutes to Carleton and Ottawa University, downtown government employment hubs, Highway 417 access and more; this easily attracts tenants making it easy to rent. FUTURE DEVELOPMENT POTENTIAL. Plans to add a building in the back have been approved with the City and ready to start. Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central Ottawa real estate, 72 Pretoria Avenue delivers location, scale, and long-term capital appreciation potential. Gross Income $135,675. Operating expenses $30,340. NOI $105,334. Potential additional parking income $2400. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

5000 sqft

Heating Source

Natural gas

Heating Type

Radiant heat, Hot water radiator heat

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

5000 sqft

Heating Source

Natural gas

Heating Type

Radiant heat, Hot water radiator heat

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

Bldg=40 x 100.15 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

R4S

Land Amenities

Highway, Public Transit

Acreage

Bldg=40 x 100.15 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

R4S

Land Amenities

Highway, Public Transit

Building Description

Home Type

Apartment

Subtype

Multi Family

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Water Supply

Municipal water

Community

Glebe

Area Code

Ottawa

Community

Glebe

Area Code

Ottawa

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Meg Kennedy

Email: [email protected] Cell: 613-203-2348