About 480 Cumberland Street
Calling all investors for a wonderful opportunity to own this townhouse that is a short walk to uOttawa. Never a vacancy. The property has been in the same family for almost 40 years. It is set up with individual leases to young ladies attending the university. Please speak to the listing agent for more details. Offers a good cap rate of 5.2% with some great upside potential to increase the income. 24 hours notice for Showings. 24 hours irrevocable and Schedule B to accompany offers. Furnace (2024) See attached Financials. Photos are from current and past tenant set-up so may not fully reflect the way the rooms show currently. Showings Tuesdays, Thursdays, and Saturdays from 1 to 6 pm. The Townhome next door at 478 Cumberland is also available.
Features of 480 Cumberland Street
| MLS® # | X12409315 |
|---|---|
| Price | $749,900 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 1,100 |
| Type | Residential Freehold |
| Sub-Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 480 Cumberland Street |
|---|---|
| Area | Ottawa |
| Subdivision | 4003 - Sandy Hill |
| City | Lower Town - Sandy Hill |
| Province | ON |
| Postal Code | K1N 7J9 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Full, Finished |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | RE/MAX HALLMARK REALTY GROUP |
|---|