1299 DORCHESTER AV, Ottawa K1Z 8E8
Listed For Sale at $1,350,880 MLS#1378344
Lot Size: 85 x 100 Feet Zoning: R4U-C
Gross Income: $80,880
Expenses: $16,801
Net Income: $64,079

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. Contact us today for more information
Book your showing today with Sorin Vaduva Real Estate