$924,900 | Ottawa Centre Ottawa Fourplex for Sale at 395 Mcleod Street Ottawa

395 McLeod Street is a strong investment opportunity located in the heart of Centretown, one of Ottawas most desirable and vibrant neighbourhoods. The property produced $52,393.85 in gross rental income in 2024, with total expenses of $22,535.09, resulting in a net income of $29,858.76. With stable returns and well-managed operating costs, this property provides reliable cash flow and long-term value.Centretown is a highly sought-after rental market, appealing to young professionals, students, and government employees alike due to its walkability and proximity to downtown, Parliament Hill, Ottawas business core, public transit, and the shops and restaurants along Bank Street and Elgin Street. Properties in this location experience consistent demand and strong rental growth potential, making 395 McLeod Street a solid addition to any investment portfolio. (id:6289)

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