Chesterville Investment – Four Plex

Attention long-term investors: Consider this turnkey 4 unit building with future potential; all packaged on a sizable & developable corner main street lot. Strategically situated in Ottawa’s expanding outskirts, this property combines an opportunity to capitalize on current stable cash flow with a vision for commercial/ residential development. The building offers easy admin and solid 6.30 cap rate with current management willing to stay on. Plus – 4 garages/ two workshops and a storage barn. The units are old-fashioned and have stable long-term tenants. Operating updates: HE forced air gas furnace & individual meters/ panels. Bring your focus on value and plan for long-term growth. Please allow 24 hours notice for showings.

 

MLS Listing