10 Sherbrooke Avenue, Ottawa, Ontario

About 10 Sherbrooke Avenue

Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters. This turn key investment property has a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. Looking to increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity. (id:6289)

More Info on this 4203 - Hintonburg Fourplex MLS® listing

10 Sherbrooke Avenue is a fourplex listing for sale in Ottawa. The MLS® number is X13504228. It features 4 bedrooms, 4 bathrooms. It's currently listed for $1,199,000. For more details on MLS® X13504228, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in 4203 - Hintonburg is available now!

Selling your 4203 - Hintonburg Fourplex property?

Have a similar home to 10 Sherbrooke Avenue? If you’re thinking about selling your 4203 - Hintonburg fourplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Ottawa property.

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