For Sale - 174 ARTHUR Street, West Centre Town, Ontario

Est payment $3,241/mo
Views   1
Time on Jump  4 day
  • Three storey duplex with a top floor unit in Chinatown.
  • Located near schools, parks, shopping, and public transit.
  • Turnkey investment with immediate cash flow and strong rental potential.
  • Spacious backyard and one front parking space for tenants.
  • Updated main floor unit ideal for owner occupancy or rental income.



Investment opportunity for under $675,000! Three storey semi detached duplex with a 3rd top floor unit in the heart of chinatown. Ideally located with a school directly across the street and just minutes to downtown, little italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18. 18' x 71. 19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive cap rate of 6. 6% and gross annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an all inclusive basis. Unit 1: currently vacant and a great option for an owner occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: one bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers.
Listing IDX13508542
Address174 ARTHUR Street
CityWest Centre Town, Ontario
Price$674,900
Bed / Bath4 / 3 Full
Style3-Storey, Duplex
ConstructionBrick, Other
TypeMulti-Family
StatusFor Sale
Subtype DuplexIndoor Features Water Heater OwnedAmenities Public Transit, ParkOwnership FreeholdBasement Full, FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 1.00
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Listing Agency:  RE/MAX HALLMARK REALTY GROUP

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174 Arthur Street
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