Ottawa, ON K2P0X4,159 FRANK STREET
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Ottawa, ON K2P0X4,159 FRANK STREET
Ottawa, ON K2P0X4,159 FRANK STREET
Ottawa, ON K2P0X4,159 FRANK STREET
Ottawa, ON K2P0X4,159 FRANK STREET
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$ 2,600,000
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159 FRANK STREET Ottawa, ON K2P0X4

11 Beds

7 Baths

5,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $520

Subdivision 4104 - Ottawa Centre/Golden Triangle

MLS® Listing ID X12306932

Bedrooms 11

Source Ottawa Real Estate Board

Property Description

Absolutely pristine investment property featuring 7 units, with top-dollar rents and an unbeatable location. Over $1.3 million in renovations were completed in 2011, including new electrical, heating systems, kitchens, bathrooms, windows, and flooring a true top-to-bottom transformation.Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Streets vibrant cafes, restaurants, shops, and transit. This immaculate building offers spacious units with soaring 10-foot ceilings, hardwood floors, and abundant natural light. Kitchens feature granite countertops, quality appliances, and ample storage. Self managed with excellent tenants and a strong rental history, this property is truly turnkey. 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 acquire a beautifully renovated, fully leased property in one of Ottawas most desirable neighborhoods. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Hot water radiator heat

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 3

Sewer Sanitary sewer


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Listed by ROYAL LEPAGE TEAM REALTY
agent

Michael Baron

Salesperson

+1(613) 324-3755

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159 FRANK STREET