2540 Market Street, Ottawa, Ontario, K4C1A4
Details
- Listing ID: X12241557
- Price: $970,000
- Address: 2540 Market Street, Ottawa, Ontario K4C1A4
- Bedrooms: 8
- Full Bathrooms: 4
- Stories: 2
- Property Type: Multi-family
- Heating: Natural Gas, Forced Air
Description
Charming Fourplex Investment Opportunity in Cumberland Village! Located in the serene and picturesque setting of Cumberland Village, this spacious fourplex offers a fantastic investment opportunity with decent rental income & long-term tenants. The building consists of four self-contained units, each designed for comfort and functionality. Each apartment features a combined living/dining area, an eat-in kitchen, two bedrooms, 4-piece bathroom, in-unit laundry & comes w/ an outdoor parking space plus a dedicated shed for additional storage. The two main-floor units each enjoy a private fenced patio off the kitchen, while the two upper-level units have their own private decks, offering tree-lined views and a peaceful outdoor retreat. Set on a large, tree-surrounded lot next to a quaint park, the property provides a quiet country feel & only a 15 min drive to Orleans. Tenants enjoy ample outdoor space and privacy, along with additional parking for up to 10 vehicles in total, ideal for guests or multi-vehicle households. Upgrades Include: New GENERAC generator(24), Fridge in Apt #2(23), Fridge in Apt #3 (22), All kitchen windows(22), Bathroom windows in Apts #1 & #3(22), 2nd bedrm window in Apt #1(22), Deck(19), eavestrough(19), Pressure tank(19), All front living room windows (17), Well pump (15), Culligan water system(14), All appliances in Apt #4(11), All bedroom windows(11), Washer/dryer in Apt #2(10), All appliances in Apt #1(08), Washer/dryer in Apt #3(08), Septic bed(06), Roof(06), Rental Breakdown: Apt #1 (Owner occupied): $1700/mth, Apt #2: $935/mth, Apt #3: $950/mth, Apt #4: $950/mth. Each tenant is month to month & pays their own heat, hydro & hot water tank rental, keeping operational expenses lower for the owner. The floor plan shown is for Apartment #1, reflecting the layout of each unit (similar). Expenses: Insurance$3073/yr, Common Hydro $58/mth, Snow Removal $900/year. (id:22130)
Rooms
| Level | Room | Dimensions |
|---|---|---|
| Main level | Bathroom | 2.38 m x 1.69 m |
| Bedroom 2 | 3.45 m x 2.72 m | |
| Dining room | 1.74 m x 3.16 m | |
| Kitchen | 3.77 m x 4.34 m | |
| Living room | 3.34 m x 4.82 m | |
| Primary Bedroom | 3.66 m x 3.96 m |
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