403 Peach Tree Lane, Ottawa
- Type: Townhouse
- Added: 20 days ago
- Updated: 20 days ago
- Last Checked: 7 hours ago
Turnkey triplex with significant upside. An additional third floor can be added under the current zoning and drawings for three additional bachelor units have been completed. The flat roof allows you to easily convert the property into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on the main level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional $275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rate of 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided for those interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs notice for showings due to tenants & 24 hrs irrevocable on all offers; as per form 244. Additional inclusions: 2 light fixtures in the basement. (id:1945)
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Property DetailsKey information about 403 Peach Tree Lane
- Cooling: None
- Heating: Baseboard heaters, Forced air, Natural gas
- Stories: 2
- Year Built: 1959
- Structure Type: Triplex
- Exterior Features: Brick
Interior FeaturesDiscover the interior design and amenities
- Basement: Finished, Full
- Flooring: Hardwood, Laminate
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 403 Peach Tree Lane
- Water Source: Municipal water
- Parking Total: 5
- Parking Features: Surfaced
- Lot Size Dimensions: 55.94 ft X 99.87 ft
Location & CommunityUnderstand the neighborhood and community
- Community Features: Family Oriented
Business & Leasing InformationCheck business and leasing options available at 403 Peach Tree Lane
- Current Use: Development residential
- Existing Lease Type: Net
Utilities & SystemsReview utilities and system installations
- Sewer: Municipal sewage system
Tax & Legal InformationGet tax and legal details applicable to 403 Peach Tree Lane
- Tax Year: 2023
- Parcel Number: 042760034
- Tax Annual Amount: 6166
- Zoning Description: RU4A
Additional FeaturesExplore extra features and benefits
- Number Of Units Total: 3
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