49 - 55 Adam Street, The Nation, Ontario

$2,750,000

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7,200

Square feet

About 49 - 55 Adam Street

An exceptional opportunity to acquire a modern, turnkey multifamily investment property consisting of two side-by-side four-unit buildings, constructed in 2022. Featuring a desirable unit mix of four spacious 3-bedroom units (1,375 sqft each) and four 2-bedroom units (1,250 sqft each), the property offers a total of 8 well-appointed residential units with modern finishes throughout, including quartz countertops, stainless steel appliances, and contemporary design. Additional amenities include 4 carports, providing convenient covered parking for residents and large driveways with ample space to accommodate 2 vehicles/unit. Fully occupied and generating rental income from day one, this property offers investors a rare opportunity to acquire a newer, low-maintenance asset with exceptional assumable CMHC financing featuring a 40-year amortization. The existing financing allows for an acquisition with approximately 13% down payment, providing investors with an attractive opportunity to leverage their capital while acquiring a modern multifamily asset. Ideally located just 35 minutes from Ottawa's core, the property combines modern construction, large attractive unit layouts and convenient access to the city. An excellent addition to any multifamily portfolio, offering turnkey operations and highly attractive financing. (id:6289)

More Info on this 605 - The Nation Municipality Multi-Family MLS® listing

49 - 55 Adam Street is a multi-family listing for sale in The Nation. The MLS® number is X13849754. It covers 7,200 square feet. It's currently listed for $2,750,000. For more details on MLS® X13849754, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in 605 - The Nation Municipality is available now!

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Features of 49 - 55 Adam Street

Listing # X13849754
Price $2,750,000
Square Footage 7,200
Type Multi-family
Sub-Type Multi-Family

Community Information

Address 49 - 55 Adam Street
Area 605 - The Nation Municipality
Subdivision 605 - The Nation Municipality
City The Nation
Province Ontario
Postal Code K0A3C0

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Washer, Dishwasher, Dryer
Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 152.1 x 166.7 FT

Additional Information

Zoning R2

Listing Details

OfficeEXP REALTY

Listing Map

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