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Attention long-term investors: Consider this turnkey 4 unit building with future potential; all packaged on a sizable & developable corner main street lot. Strategically situated in Ottawas expanding outskirts, this property combines an opportunity to capitalize on current stable cash flow with a vision for commercial/ residential development. The building offers easy admin and solid 6.30 cap rate with current management willing to stay on. Plus - 4 garages/ two workshops and a storage barn. The units are old-fashioned and have stable long-term tenants. Operating updates: HE forced air gas furnace & individual meters/ panels. Bring your focus on value and plan for long-term growth. Please allow 24 hours notice for showings. (id:24093)
Listed by Patrick O. Smith and of COLDWELL BANKER RHODES & COMPANY

Property Details of 117 Main Street N

Property Details

Interior Features

Utilities and Appliances

Map Location

"Based on information submitted to CREA as of June 26, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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