426 & 428 Clarence Street E Ottawa, Ontario K1N 5R8
$1,098,000
Great opportunity to get this well-maintained real estate as a long-term investment. Two Semi-Detached homes under one ownership. R5L zoning, tons of potential on use. Stable income, high return ( over 6% CAP). Up-to-date maintenance, including the new roofs, Insulation,electrical line, 3 hydro meters, 2 water meter, 2 Furnaces and much more. #428 offers two units with two hydro meters, current rent income $3150/m plus hydro. #426 offers one unit with 4 beds & 2 baths, main floor den/office, south facing fenced yard, great for owner self-use, or expecting the rent around $3800/m. Excellent location,located right across the city's Community Center and walking distance to the French high school De La Salle, Lisgar high school district. Steps to Rideau River, parks, restaurants, public transit. Parking spots on the interlock at the front. A nice choice to grow your investment portfolio, contact your agent for a showing today. Minimum 24 HOURS SHOWING NOTICE NEEDED. (id:37611)
Property Details
| MLS® Number | 1380090 |
| Property Type | Multi-family |
| Neigbourhood | Lower Town |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Features | Balcony |
| Parking Space Total | 2 |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1936 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Tile, Vinyl |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Interlocked |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Depth | 98 Ft ,6 In |
| Size Frontage | 33 Ft |
| Size Irregular | 33.02 Ft X 98.46 Ft |
| Size Total Text | 33.02 Ft X 98.46 Ft |
| Zoning Description | R5lh |
https://www.realtor.ca/real-estate/26588500/426-428-clarence-street-e-ottawa-lower-town
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April 24 2024 04:51:41
Ottawa Real Estate Board
Royal LePage Team Realty
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