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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 1,399,900

Est. payment | -/mo

8 Beds

4 Baths

2,500 SqFt

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$ 1,399,900

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

2,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $559

Subdivision 4001 - Lower Town/Byward Market

MLS® Listing ID X12242901

Bedrooms 8

Source Ottawa Real Estate Board

Property Description

Welcome to 184 Murray Street a rare, fully renovated freehold fourplex located just steps from the pulse of Ottawas historic Lower Town and the ever-bustling Byward Market. This cash-flow-ready property offers a unique opportunity for savvy investors to secure a premium asset in one of the citys most dynamic and desirable urban hubs. With a projected 4.75% cap rate, this building is primed to deliver both immediate returns and long-term value.This exceptional property includes four vacant, fully renovated units: two generously sized 3-bedroom apartments and two stylish 1-bedroom units a total of 8 bedrooms. Whether you aim to attract top-quality tenants at todays strong market rents or explore the lucrative potential of short-term rentals (Airbnb), this investment gives you full flexibility. Furnishings are optional the seller is open to including all furniture, streamlining the setup for Airbnb or executive rentals.Extensive, high-quality renovations have been completed throughout the property. All units feature brand-new ductless A/C and heating systems, new flooring in three units (tile and durable laminate), four fully updated kitchens with new plumbing and appliances, and four modern bathrooms with new water and drain lines. Additional upgrades include a new laundry room, modern LED lighting, all new interior doors, casings, and fresh paint throughout. Safety and efficiency are top-tier with fire-rated doors, interconnected smoke/strobe detectors, and a new 400-amp hydro service with 5 separate meters. Foundation wrap on the east and south sides will be completed next week. The property also includes four private parking spots (approx. $150/month each), adding up to an extra $600/month. Close to transit, shopping, restaurants, and the University of Ottawa, this property offers enduring appeal and strong rental growth. Photos shown are of Unit 4 (1 Bed, 1 Bath). More unit photos coming soon. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 4.54 m X 3.4 m Kitchen

Interior

Heating Forced air

Cooling Wall unit

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Others

Virtual Tour https://my.matterport.com/show/?m=NSpKE8me3Ho&mls=1

Listed by EXP REALTY

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

184 MURRAY STREET Ottawa, ON K1N5M8

Katie Van Nes

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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184 MURRAY STREET