ON
Ottawa
K2P0X4
159 Frank Street
159 Frank Street, Ottawa, ON K2P0X4
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Listing Type
Multi Family
Listing Status
active
50
$2,600,000

Home Details for 159 Frank Street

Price
$2,600,000
Type
Residential Income
Bedrooms
11
Bathrooms
7.0
Square feet
NaN
Parking
Days on site
61
Listing #
X12306932
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:31684)

Property Features
  • Heating Information
    • Hot Water
    • Radiant
Listing Courtesy: ROYAL LEPAGE TEAM REALTY
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EXIT EXCEL REALTY, BROKERAGE
1550 Carling Ave. Suite 204, Ottawa, ON K1Z 8S8
Office
613 822 8999
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