425-427 Nelson Street Ottawa, Ontario K1N 7S6
$949,000
Pride of ownership evident in this well-maintained, turn-key 3-unit income property in the heart of Sandy Hill. 427 Nelson St is a 2-storey 3-bdr + den unit that can easily convert to a 4-bdr (increasing rent potential) & was renovated in 2017. 425 Nelson St has two 1-bdr apts completely renovated in 2020. Numerous investor options: 1) Run as-is renting to students or young professionals, 2) Owner-occupy renting 2 other units and let it pay your mortgage, 3) Add onto the rear (as has been done by neighbours), 4) Develop the entire 40 x 123 ft lot, 5) Zoned minor institutional - rooming house, daycare, retirement home & many other options, or 6) Develop the unfinished basement. 3 parking spots & coin laundry provide additional monthly income. 2 blocks from uOttawa & steps to the LRT, Market, Rideau Centre, Parliament Hill, Rideau Canal, downtown core & Strathcona Park along the Rideau River... No conveyance of offers prior to April 13, 4pm. (id:29438)
Property Details
| MLS® Number | 1217844 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Parking Space Total | 3 |
| Structure | Deck |
Building
| Basement Development | Unfinished |
| Basement Features | Low |
| Basement Type | Unknown (unfinished) |
| Constructed Date | 1891 |
| Construction Material | Masonry |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Fireplace Present | No |
| Fixture | Ceiling Fans |
| Flooring Type | Carpeted, Laminate, Tile |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Open | |
| Gravel | |
| Surfaced | |
| Tandem |
Land
| Acreage | No |
| Current Use | Development Residential |
| Fence Type | Fenced Yard |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 123 Ft ,3 In |
| Size Frontage | 40 Ft |
| Size Irregular | 0.11 |
| Size Total | 0.11 Ac |
| Size Total Text | 0.11 Ac |
| Zoning Description | I1a |
https://www.realtor.ca/real-estate/23023977/425-427-nelson-street-ottawa-sandy-hill
Interested in this property?
Claudio Baiocchi, REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Royal LePage Team Realty
April 08 2021 05:51:33
