About this home

170 Lavergne Street, Ottawa

Investment opportunity! solid brick 6-unit building fully rented offers a combination of 4 one bedroom and 2 two bedrooms with ample parking. Centrally located property with easy access to many amenities. Offers incredible flexibility for strong rental income. This solid well-maintained multi unit building offers a functional layout with plenty of room to grow, update, or create versatile living spaces. Positive cash flow and a solid cap rate based off market rent prices. Own a investment opportunity in sought-after Beechwood Village! Units are spacious & sunny. Potential for future development in a rapidly growing & changing area. Ideally located near parks, grocery stores, schools, transit routes, and only a short drive to downtown Ottawa, offers convenience, flexibility, and long-term potential. Short walk to Beechwood Village. Operating expense $25,800. Gross income of $119,940. NOI $94,140. Great CAP rate it can be a great addition to your retirement portfolio. One bedroom $1295. One Bedroom $1750. Two bedrooms $1900. One Bedroom $1800. Two bedrooms $1850. One bedroom $1400. Insurance is $600/month. Heat is $300/month. Hydro $500/month. Water $350/month. Maintenance is $400/month. A smart buy with long-term growth potential! 24 hr notice for showing. Book your showing today!

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