West Centre Town, ON K1R 7C7,48 BELL ST N
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West Centre Town, ON K1R 7C7,48 BELL ST N
West Centre Town, ON K1R 7C7,48 BELL ST N
West Centre Town, ON K1R 7C7,48 BELL ST N
West Centre Town, ON K1R 7C7,48 BELL ST N

$650,000

Est. payment /mo

$685,000

5.1%
Est.Price: ?

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48 BELL ST N West Centre Town, ON K1R 7C7

3 Beds

2 Baths

SOLD DATE : 12/20/2024

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID X11884075

Sold Date 12/20/24

Style 2-Storey

Bedrooms 3

Annual Tax Amount $3,971

Tax Year 2024

Property Description

Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers.

Location

State ON

County Ottawa

Community 4205 - West Centre Town

Area Ottawa

Zoning Residential

Region 4205 - West Centre Town

City Region 4205 - West Centre Town

Rooms

Family Room No

Basement Crawl Space, Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplaces Type Wood

Exterior

Parking Features Tandem, Lane

Garage Spaces 2.0

Pool None

Roof Type Unknown

Lot Frontage 29.75

Lot Depth 71.5

Total Parking Spaces 2

Building

Foundation Poured Concrete

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Listed by EXP REALTY
agent

Danielle Pinnock

+1(519) 671-7653

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