206 Blackburn Avenue, Ottawa, Ontario

About 206 Blackburn Avenue

NET ALMOST $100K PER YEAR - 6.2% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 6.2%. (id:6289)

More Info on this 4004 - Sandy Hill Duplex MLS® listing

206 Blackburn Avenue is a duplex listing for sale in Ottawa. The MLS® number is X13879142. It features 10 bedrooms, 5 bathrooms. It's currently listed for $1,589,000. For more details on MLS® X13879142, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This duplex listing in 4004 - Sandy Hill is available now!

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