341 NEW STREET E, Edwardsburgh/Cardinal

$599,900 · 6 Bed 4 Bath

341 NEW STREET E, Edwardsburgh/Cardinal — photo 1341 NEW STREET E, Edwardsburgh/Cardinal — photo 2341 NEW STREET E, Edwardsburgh/Cardinal — photo 3341 NEW STREET E, Edwardsburgh/Cardinal — photo 4341 NEW STREET E, Edwardsburgh/Cardinal — photo 5341 NEW STREET E, Edwardsburgh/Cardinal — photo 6341 NEW STREET E, Edwardsburgh/Cardinal — photo 7341 NEW STREET E, Edwardsburgh/Cardinal — photo 8341 NEW STREET E, Edwardsburgh/Cardinal — photo 9

About this property

Fully tenanted four-unit property offering strong income potential within walking distance of the post office, local shops and the waterfront Cardinal Legion. Units 1 and 2 each feature two bedrooms and one bathroom, while Units 3 and 4 each offer one bedroom and one bathroom. Each unit has separately metered hydro, in-unit laundry and its own fenced backyard, providing tenants with added convenience and privacy. An on-site shed provides dedicated storage space for each unit, and there is ample parking for residents. With a practical layout, strong rental demand and a cap rate of over 9%, this property is an excellent opportunity for investors looking to expand their portfolio. 24-hour irrevocable period is required on all offers. Minimum of 24 hours' notice is required for all showings. (id:66939)

Property details

Price
$599,900
Bedrooms
6
Bathrooms
4
Parking
6
Property type
Multi-family
Basement
None
MLS® number
X13770134

Location

Map showing the location of 341 NEW STREET E, Edwardsburgh/Cardinal

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Source board: Ottawa Real Estate Board.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.