256 Hannah Street, Vanier and Kingsview Park, ON

$725,000

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6

Beds

6

Baths

1,100

Square feet

About 256 Hannah Street

Fantastic Investment opportunity with a STRONG CAP RATE! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $65,520/year. Unit 1: 2 bed/2 bath rented at $1,735/month (all inclusive). Unit 2: 2 bed/2 bath rented at $2,330/month (all inclusive). Unit 3: bachelor/2bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. Property is being sold "as-is, where is". No warranties or representations from the seller.

Features of 256 Hannah Street

MLS® # X12314288
Price $725,000
Bedrooms 6
Bathrooms 6.00
Square Footage 1,100
Type Residential Freehold
Sub-Type Triplex
Style 2-Storey
Status Active

Community Information

Address 256 Hannah Street
Area Ottawa
Subdivision 3402 - Vanier
City Vanier and Kingsview Park
Province ON
Postal Code K1L 7N2

Amenities

Parking Spaces 4
# of Garages 2
Garages Detached
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Basement Full, Finished

Exterior

Exterior Stucco (Plaster)

Listing Details

OfficeROYAL LEPAGE TEAM REALTY

Listing Map

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