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BRAND NEW, Turnkey investment property in PRIME LOCATION. Opportunity knocks with this legal FOURPLEX in premium location, backing onto Stanley Park in sought-after New Edinburgh, steps to the River, Beechwood walking district, embassies, close to DFAIT & the Byward Market. This unique back-to-back double boasts TWO spacious 2-storey, 3 bedroom, 3 bath units, and TWO 2 bedroom, 1 bath basement units, totalling FOUR luxury units. Low maintenance, designer finishes throughout and featuring fireplaces, quartz countertops and LED lighting. Projected annual Gross $162,000. Net $140,000. 4+ cap rate in this location is an exceptional opportunity for investment or owner to live in and rent out the rest. Don't miss out on this opportunity. (id:24093)
Listed by Chris Coveny of ROYAL LEPAGE PERFORMANCE REALTY

Property Details of 187 Stanley Avenue

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"Based on information submitted to CREA as of August 13, 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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