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159 FRANK STREET

Ottawa, Ontario K2P0X4

$2,600,000 for sale



MLS®:
X12306932
Contract Days:
6
Community:
Ownership:
Property Type:
Other
Total Size:
49.3 x 89.1 FT
Built Date:
Parking:
7
Bedrooms:
11+
Bathrooms:
7
Interior Features

Construction Style:
Total Stories:
3
Total Bedrooms:
11
Bedrooms Above Ground:
11
Bedrooms Below Ground:
Total Bathrooms:
7
Whole Bathrooms:
7
Half Bathrooms:
Basement Type:
N/A (Finished)
Basement Development:
Finished
Appliances:
Water meter, Dishwasher, Hood Fan, Stove, Refrigerator
Exterior Features

Built Date:
Exterior Finish:
Brick, Stucco
Foundation Type:
Stone
Utitilies

Heating Type:
Hot water radiator heat
Heating Fuel:
Cooling Type:
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

Absolutely pristine investment property 7-unit building with top-dollar rents and an unbeatable location. Over $1.3 million in renovations completed in 2011, including all-new electrical, heating systems, kitchens, bathrooms, windows, and flooring top-to-bottom transformation. Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Street's vibrant cafes, restaurants, shops, and transit. This immaculate building features large, spacious units, soaring 10-foot ceilings, hardwood floors, and abundant natural light through large windows. Kitchens boast granite countertops, quality appliances, and ample storage. Professionally managed with excellent tenants and zero vacancies a true turnkey opportunity. Includes 7 outdoor parking spaces offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core. With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to own a beautifully renovated, fully leased investment property in one of Ottawa's most desirable neighborhoods. (id:19004)

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