159 Frank St

For Sale 86 Days
$2,600,000
11 beds
7 baths

159 Frank St

For Sale 86 Days
$2,600,000
11 beds
7 baths

Highlights

Key insights

Description

Absolutely pristine investment property featuring 7 units, with top-dollar rents and an unbeatable location. Over $1.3 million in renovations were completed in 2011, including new electrical, heating systems, kitchens, bathrooms, windows, and flooring a true top-to-bottom transformation.Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Streets vibrant cafes, restaurants, shops, and transit. This immaculate building offers spacious units with soaring 10-foot ceilings, hardwood floors, and abundant natural light. Kitchens feature granite countertops, quality appliances, and ample storage. Self managed with excellent tenants and a strong rental history, this property is truly turnkey. Includes 7 outdoor parking spaces, offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core.With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to acquire a beautifully renovated, fully leased property in one of Ottawas most desirable neighborhoods. (id:63267)

Andrea Gil of ROYAL LEPAGE TEAM REALTY,
#X12306932
updated 4 days ago.
Houseful checked MLS® for data 4 days ago.

Home overview

Amenities / Utilities
  • Heat type
    Hot water radiator heat
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    3
  • # parking spaces
    7
Interior
  • # full baths
    7
  • # total bathrooms
    7.0
  • # of above grade bedrooms
    11
Location
  • Subdivision
    4104 - ottawa centre/golden triangle
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12306932
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28652643/159-frank-street-ottawa-4104-ottawa-centregolden-triangle
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-6,933

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25 Years fixed, 20% down payment, % interest
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