72 Pretoria Avenue, Ottawa, Ontario

About 72 Pretoria Avenue

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 income. 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:6289)

More Info on this 4402 - Glebe Other MLS® listing

72 Pretoria Avenue is an other listing for sale in Ottawa. The MLS® number is X13719872. It features 11 bedrooms, 6 bathrooms. It's currently listed for $1,985,000. For more details on MLS® X13719872, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in 4402 - Glebe is available now!

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