Listing Details
Return to Search Result1299 DORCHESTER AVENUE - MLS® # 1378344
Property Details
Description
Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location ,close to amenities, schools, and transportation, it has consistent occupancy and strong rental demand. Perfect for investors seeking to expand their portfolio, its proven income generation and development possibilities make it an attractive purchase. High Net income of $64,079 with Cap Rate of 4.7%. Loads of development potential while keeping current building. Roof (2019), Furnace (2014). Contact us today for more information (id:2469)
Features
Balcony
Amenities
Public Transit, Recreation Nearby, Shopping
Listing Provided By
KELLER WILLIAMS INTEGRITY REALTY
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- GRINDSTONE REALTY INC.
- 613-695-5888
- 613-695-5888
- 613-695-8088
- Info@GrindstoneRealty.ca
- Grindstone Realty Inc.
- 250B Greenbank Rd. - Suite 235
- Ottawa, ON
- K2H 8X4
