Ottawa Centre, ON K1R 5T2,280 ARLINGTON AVE

$740,000

Est. payment /mo

$759,000

2.5%
Est.Price: ?

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280 ARLINGTON AVE Ottawa Centre, ON K1R 5T2

SOLD DATE : 07/31/2024

Key Details

Sold Price $740,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision 4103 - Ottawa Centre

MLS Listing ID X9425857

Annual Tax Amount $5,741

Tax Year 2022

Property Sub-Type Duplex

Property Description

Flooring: Tile, Flooring: Hardwood, Almost a 5% cap rate in the heart of the city! Charming full brick duplex located in Centretown! Brimming with potential, this character filled property comes with R4 Zoning and a sizable rear lot providing opportunity for expansion. Central location walking distance to restaurants & transit. Spacious 2 bedroom on main level, 1 bedroom on upper floor. Both units come with full bathrooms, hardwood floors, laundry, window AC units , hydro meters, open concept layouts, large windows and well thought out kitchens. Partly finished basement provides room for possible third bedroom/office space as well as large storage area. Front porch, exterior paint touch ups and back porch resealed 2023 ,roof 2012, floors 2012, electrical panels & 2nd story balcony 2016. Both tenanted units month to month. Great opportunity to reset the rent! Tenant in One-bed is willing to leave. One bed- $1,216/mon, Two bed- $2,009/mon.

Location

Province ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Zoning Residential

Interior

Cooling Window Unit(s)

Building

Foundation Concrete, Stone

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Listed by RE/MAX HALLMARK REALTY GROUP
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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