351 AMIENS STREET, Ottawa, Ontario, K1E1P1

Property Description

Looking for a bungalow with a LEGAL secondary unit? Live in one unit and help pay your mortgage with the other, or rent out both and enjoy the monthly cash flow! The upper unit offers 3 bedrooms, quartz countertops, SS appliances, in-unit stacked laundry and NO carpet to be found. The lower unit also offers quartz counters, in-unit stacked laundry and NO carpet. There's also an ensuite bath and walk-in closet for one of the 3 bedrooms, and a second full bath as well. SDU conversion completed in 2021 with 2 hydro meters, plumbing/electrical and HVAC updates. Sitting on a large 60 x 90 lot, the location is fantastic surrounded by schools and parks, and situated conveniently close to Place d'Orleans, transit/future LRT stop, highway access and all the amenities of Tenth line and Innes. Previous rents were $2600 and $2450/month with an annual NOI of $49,800 and 5.96% CAP rate. Both units are currently vacant so you can easily move in to either unit or set your own rents. A fantastic opportunity for whatever your plans are!! (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: Bungalow
• Bedrooms: 6 (3 above, 3 below)
• Bathrooms: 3
• Ownership: Freehold
• Attached: No
• Parking: 5 spaces (No Garage, Tandem)
• Frontage: 60 ft (18.3 m)

Costs

• Annual Taxes: $4,623.76

Listing Provided by: COLDWELL BANKER FIRST OTTAWA REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.