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Cobourg St
Ottawa, ON K1N 8G8
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Fully occupied 4-unit building providing steady rental income.
- Turn-key condition—no major repairs or updates needed.
- Renovated multiple times while maintaining original character.
- Strong cap rate of 4.71%, ideal for long-term investment stability.
EXECUTIVE SUMMARY
For sale is a well-maintained, fully occupied 4-unit multifamily property, originally built in 1920 and thoughtfully renovated multiple times over the years. This classic building blends historic charm with modern updates, making it a truly turn-key investment opportunity. Each unit is currently rented, offering immediate and stable cash flow for the new owner. The property has been carefully cared for, with visible pride of ownership throughout. Whether you're a seasoned investor or just starting your real estate portfolio, this is a rare chance to acquire a solid, income-producing asset that requires no immediate work. Don’t miss out on this opportunity—schedule a showing or request more information today.
PROPERTY FACTS
| Price Per Unit | $214,257 USD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5.24% | Building Size | 4,552 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low-Rise |
| Price Per Unit | $214,257 USD |
| Sale Type | Investment |
| Cap Rate | 5.24% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 4,552 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $1,462 USD | - |
| 1+1 | 2 | $1,154 USD | - |
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