This renovated legal triplex is a fantastic investment opportunity in a sought-after neighborhood. Perfect for both seasoned investors and first-time buyers looking to generate rental income, this property offers three separate living units, each with its own private entrance. Unit 1: 3 bedroom, 1 full bathroom with deck and access to backyard ($2,050 + rent increase in Jan 2025). Unit 2: 3 bedroom, 1 full bathroom with balcony ($2,150 + rent increase in Jan 2025). Unit 3: 1 bedroom, 1 full bathroom ($1,300 fix until July 2025). All units have laundry and 2 entrances. City of Ottawa successful building inspection (Oct 2024). This triplex is an exceptional opportunity for both immediate cash flow and long-term equity growth. Situated in Castle Heights, just minutes from St-Laurent complex, schools, transit and much more! (id:4069)
Address |
732 MORIN STREET |
List Price |
$1,285,000 |
Property Type |
Single Family |
Type of Dwelling |
Triplex |
Area |
Ontario |
Sub-Area |
Ottawa |
Bedrooms |
7 |
Bathrooms |
3 |
Lot Size |
67.53 x 103.77 FT ; 0 Sq. Ft. |
MLS® Number |
X10425804 |
Listing Brokerage |
RE/MAX HALLMARK REALTY GROUP
|
Basement Area |
Full (Finished) |
Postal Code |
K1K3G9 |
Zoning |
R4N |
Site Influences |
Public Transit, Park |
Amenities |
Recreation Centre |