Description
Discover a prime investment opportunity with this well-maintained triplex at 138 King George Street. Total GOI for is $57,360, and Operating Expense is $10,978. NOI is 46,382. The property features three 2-bedroom units, each offering comfortable living spaces and appealing layouts ideal for steady rental income. Located in Ottawa's desirable Overbrook neighborhood, this property offers an unbeatable location just minutes from Highway 417, with easy access to downtown and beyond. The St. Laurent Shopping Centre one of Ottawa's major retail destinations is only a short drive away, offering shopping, dining, and entertainment at your fingertips. The scenic Rideau River, with its nearby parks and walking/cycling paths, is just a short stroll away .Blending urban convenience with a touch of nature, this turn-key triplex is a smart addition to any real estate portfolio. An exceptional opportunity also awaits: this property may be purchased together with 136 King George Street, the adjacent triplex, to create a 6-unit complex on two side-by-side lots. Note the interior images are from Unit2 at 136 King George.
Location Description
Vanir Parkway
Property Details
- Community: 3502 - Overbrook/Castle Heights
- Property Type: Tenant/Residential Freehold
- Bedrooms: 6
- Bath: 6
- Garages: None
- Annual Property Taxes : $ 7736
Building Features
- Foundation Type: Concrete
- Counstruction Material : Brick-Vinyl Siding
- Total Parking Space : 2
- Parking Type : None
Features
- Heating : Forced AirGas
- Sewer : Sewer ,
Listing Contracted With: ROYAL LEPAGE INTEGRITY REALTY
