$1,100,000 | Old Ottawa South Ottawa Triplex for Sale at 125 Hopewell Avenue Ottawa

Location, Location, Location! This fully tenanted and well-maintained TRIPLEX is the perfect turnkey investment opportunity, ideal for investors seeking long-term financial growth. Situated just steps from CARLETON UNIVERSITY, the Rideau River & Canal, local pubs, cozy cafes and public transit that can get you anywhere in the city. This property offers both prime location and strong rental appeal. The building features a spacious 4-bedroom unit on the second level, a 3-bedroom unit on the main level, and a 1-bedroom unit on the lower level all currently occupied by excellent tenants. Investors will appreciate the steady rental income potential, supported by ongoing demand from university students, faculty, and local professionals. Numerous updates have been completed throughout the property, including exterior brickwork, new railings, flashing, soffits, and fascia. Additional improvements include new second-level windows, an upgraded hot water tank, several new appliances, a fully renovated main floor kitchen, and a refreshed second-level bathroom. With it's unbeatable location and consistent tenant demand, this property offers both immediate income and long-term value. Don't miss out on this rare opportunity to invest in a high-demand area with built-in rental stability. (id:6289)

Old Ottawa South Map, Demographics, Characteristics