184 MURRAY STREET

Ottawa, ONK1N5M8

This rare, fully renovated fourplex offers a projected 4.75% cap rate and a unique turnkey investment opportunity. All four units, two spacious 3 bedroom apartments and two stylish 1 bedroom suites have been beautifully updated with modern finishes, new ductless HVAC systems, and separate hydro meters. With all units currently vacant, investors can hand-pick tenants at todays high market rents or take advantage of significant Airbnb income potential in this prime location. Bonus: each unit is fire retrofitted and ready to go. The property features 8 private parking spaces, adding extra rental income (up to $1,200/month). Flooring includes a mix of tile and laminate, combining durability with modern aesthetics. Furniture can be included in the sale, making short-term rental setup even easier. Don't miss this fully vacant, cash flow ready property in one of the most desirable areas on the market. Whether you're an investor looking for long-term stability or short-term rental opportunity, this one checks all the boxes. Photos shown are of Unit 4 (1 Bed, 1 Bath). More unit photos coming soon. (id:31684)

Listing courtesy of: TODD GINGRAS of EXP REALTY

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