93-95 LOWER CHARLOTTE STREET, Ottawa, ON K1N8J9
93-95 LOWER CHARLOTTE STREET, Ottawa, ON K1N8J9
93-95 LOWER CHARLOTTE STREET, Ottawa, ON K1N8J9
93-95 LOWER CHARLOTTE STREET, Ottawa, ON K1N8J9
93-95 LOWER CHARLOTTE STREET, Ottawa, ON K1N8J9
93-95 LOWER CHARLOTTE STREET, Ottawa, ON K1N8J9
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$ 1,595,000
Est. payment | /mo

10 Beds

6 Baths

3,500 SqFt


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$ 1,595,000
Est. payment | /mo
Save

10 Beds

6 Baths

3,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Square Footage 3,500 sqft

Price per Sqft $455

Subdivision 4002 - Lower Town

MLS® Listing ID X12006603

Bedrooms 10

Half Baths 1

Property Description

Welcome to 93-95 Lower Charlotte, built around 1907. Since 2003, all systems were updated... electricity: 100 amp service to 300 amp ... plumbing: lead pipes and cast iron to copper and ABS... remove most lath and plaster and installed insulation and sheetrock (5/8), replaced flooring with hardwood, laminate, vinyl or ceramic throughout. Built 5 new bathrooms and 1 powder room. Installed 3 full kitchens. The back and side bricks were replaced by vinyl siding and hardy-board. The front bricks and wooden entrance was replaced by new bricks and concrete stairs and landing. A rooftop deck, second floor balcony and a deck off of the 93 kitchen. 93-95 Lower Charlotte is a legal non-conforming Triplex... 93 Lower Charlotte has 2 bedrooms, 1-4pces en-suite and 1-powder room. Approx. 1,400 sq. ft. The main floor has Living/Dining area, powder room, renovated kitchen with access to large private deck. The second floor has a Master bedroom with access to balcony, walk-in closet and 4-pces ensuite, laundry room and a second bedroom with a Murphy bed. 95 Lower Charlotte has 2 bedrooms, a 4-pces bathroom and a kitchen on the main floor. On the second floor, there are 3 bedrooms, a 4-pces bathroom and a kitchenette with access to the front balcony. The third, located on third floor of 93-95 has private access from the back entrance. This unit 3 bedrooms, 2 3-peices bathrooms and a kitchen/living area. This unit has exclusive use of the roof-top deck with BBQ. TOTAL EXPENSES: Taxes - $11,699.00, Wifi - $1,573, Hydro - $2,690.00, Water - $1,713.43, Gas - $3,656.70 , Insurance: $5243.00 Total Operating Expenses is: $26,575.00. RENTAL REVENUES: Unit -1 at 93 : $2600 mth, Unit -2 at 95 : $3450.00, Unit - at 93-95 : $2350. TOTAL Rental Income: $8,400 * 12 = $100,800.00 ( rent includes all utilities) Net Operating Income (NOI) is $74,225.00. Capitalization Rate is : 4.4 ($74,225.00 / $1,695,000) There are 4 legal Parking spaces. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.66 m X 3.66 m Bedroom

Extra Room 2 Second level 1.8 m X 1.8 m Laundry room

Extra Room 3 Second level 4.6 m X 3.66 m Bedroom

Extra Room 4 Second level 4.6 m X 3.66 m Bedroom

Extra Room 5 Second level 3.66 m X 3.66 m Bedroom

Extra Room 6 Second level 1.8 m X 1.87 m Bathroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Community Features School Bus

View Y/N Yes

View City view

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 3

Sewer Sanitary sewer

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Listed by ROYAL LEPAGE TEAM REALTY
Nearby Locations
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"We hired Julie as our realtor and she always went above and beyond the call of duty for us.She found us the perfect place it took some time but she said be patient and she was right highly recommend Julie as a realtor." - WR
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