214 Hannah Street Street, Ottawa
- Added: 6 hours ago
- Updated: 4 hours ago
- Last Checked: 3 minutes ago
Renovated Legal Duplex – Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether you’re an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit rented at $1,790/month to long-term tenants. Separate Garage: Perfect for storage or additional rental income. Unit 2 (Vacant): Upper Unit Renovated 3-bedroom unit with modern finishes, ready to rent at a projected $2,300/month, or ideal for owner-occupancy. Separately metered, tenants pay all utilities. Zoning: R4 – excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: • Investors: Net Income: $42,770/year. ROI: Solid 5.5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678. Annual Insurance: $1,632 (id:1945)
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Nearby Listings Stat
Active listings
317
Min Price
$2,200
Max Price
$6,750,000
Avg Price
$943,161
Days on Market
92 days
Sold listings
96
Min Sold Price
$75,000
Max Sold Price
$2,285,000
Avg Sold Price
$748,010
Days until Sold
70 days
