48 LOUISA STREET
Ottawa, Ontario K1R6Y8

$1,059,900

ID# 1391804

None Baseboard heaters Forced air

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Great cash-flow fourplex in West Centretown zoned R4T. Steps to Little Italy, Government Buildings & Dows lake, with a CAP rate approaching 5%. Features a large home that houses 3 units & separate bungalow, four units in total. One spacious renovated two bedroom, one bachelor, updated one bedroom & a large separate free standing 2 bedroom unit w/ private entry & yard. Huge lot size allowing for 5 parking spaces on this double lot in a thriving neighborhood perfect for young professionals. Copy of survey and fire retrofit (2011) available. Largest apartment completely renovated in 2011. Great current & future value in this property. 3 tenants are on month to month - upside for higher rents as all units are under market value. Quality tenants- there has never been a vacancy in over 10 years. Shared pay per use laundry in basement adding income to property. 24 hr on offers as there are two owners. All units tenant occupied, notice to show needed scheduled days and times in rep remarks. (id:43993)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of ENGEL & VOLKERS OTTAWA
Listed on: May 15, 2024

On market: 46 days

Cooling Type	None
Flooring Type	Hardwood, Laminate, Tile
Heating Type	Baseboard heaters, Forced air
Heating Fuel	Electric, Natural gas
Stories Total	2

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CONTACT

+1 (613) 355-7078

Brandi Leclerc

Sales Representative

(613) 355-7078 (direct)

(613) 825-7653 (office)

brandil@royallepage.ca

homeswithbrandi.com

3101 Strandherd Drive, Ottawa

BARRHAVEN / NEPEAN

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48 LOUISA STREET Ottawa, Ontario K1R6Y8

None Baseboard heaters Forced air

YOU MIGHT ALSO LIKE THESE LISTINGS

160 GEORGE STREET UNIT1806 Ottawa $544,900 Beds: 2 Baths:2 Sq Ft:ArrayShaunna McIntosh

309 MONICA CRESCENT Ottawa $419,900 Beds: 3 Baths:3 Sq Ft:ArrayShaunna McIntosh

1040 CAPREOL STREET Ottawa $699,000 Beds: 4 Baths:4 Sq Ft:ArrayAkram Syed

1094 MADAWASKA STREET Calabogie $649,900 Beds: 4 Baths:3 Sq Ft:ArrayJessica Fay | Broker

1770 MONTREAL ROAD UNIT39 Ottawa $1,199,000 Beds: 6 Baths:5 Sq Ft:ArrayHamid Riahi

148-150 HINTON AVENUE N Ottawa $1,149,000 Beds: Baths: Sq Ft:ArrayAnthony Comba

132 ROBERT TAITE DRIVE Ottawa $1,999,900 Beds: 5 Baths:7 Sq Ft:ArrayLiam Kealey

270 BLACK SAGE CRESCENT Ottawa $889,000 Beds: 3 Baths:3 Sq Ft:ArrayJoanna Jiao

106 BROCK STREET Merrickville $2,500 Beds: 3 Baths:1 Sq Ft:ArrayRobin Chinkiwsky

129 BIRCH HILL PRIVATE Ottawa $410,000 Beds: 4 Baths:2 Sq Ft:ArrayOlajumoke Agbatogun

714 JUNEBERRY LANE Ottawa $699,000 Beds: 4 Baths:3 Sq Ft:ArrayElissa Cheng

49 CEDAR ROAD Ottawa $1,399,000 Beds: 4 Baths:3 Sq Ft:ArrayHelen Tang

225 ALVIN ROAD UNIT416 Ottawa $1,750 Beds: 1 Baths:1 Sq Ft:ArrayYing Tian

2088 VICTORIA STREET Rockland $329,000 Beds: 1 Baths:1 Sq Ft:ArrayOzgur Tas

117 DRUMMOND STREET W Merrickville $2,000 Beds: 2 Baths:1 Sq Ft:ArrayRobin Chinkiwsky

970 KLONDIKE ROAD Kanata $599,000 Beds: 3 Baths:3 Sq Ft:ArrayAli Abbas

690 BEATRICE DRIVE Ottawa $759,900 Beds: 3 Baths:3 Sq Ft:ArrayPaul Rushforth

609 PAINE AVENUE Ottawa $1,049,000 Beds: 4 Baths:3 Sq Ft:ArrayYusuf Dundar

52 ABBEY CRESCENT Russell $874,900 Beds: 3 Baths:3 Sq Ft:ArrayMathieu Gignac

503 ATHLONE AVENUE Ottawa $1,749,000 Beds: Baths: Sq Ft:ArrayRocco Manfredi | Sales Representative

304 MOUNTBATTEN AVENUE Ottawa $1,850,800 Beds: 5 Baths:5 Sq Ft:ArrayGerald A. Johnson

44 SHERRY LANE UNITB Nepean $2,350 Beds: 2 Baths:1 Sq Ft:ArrayAhmad Moharam

125 SHACKLEFORD WAY Stittsville $969,000 Beds: 4 Baths:3 Sq Ft:ArrayAnna Ostapyk

500 ESCAPADE PRIVATE Ottawa $749,900 Beds: 4 Baths:3 Sq Ft:ArrayTara Graff | Sales Representative

64 ABBOTT STREET Brockville $408,999 Beds: 3 Baths:1 Sq Ft:Sean Verma