Owner-Occupied Duplex with Development Potential. This opportunity is made possible because the home is built on one side of the lot, leaving plenty of room to build an addition. Whether you want to create a custom new apartment just for your family or add six units, turning this investment into eight units, there is a lot to discuss with your architect. Let your imagination run wild. The land value alone makes this property a golden opportunity. Prime Location: Steps from Ottawa University and Downtown! Unlock immediate income potential to cover expenses while you decide on the lot's configuration. Act now; serious buyers and developers, don't miss out on this unique chance. With favorable zoning and ample lot size, you can reap the rewards of locking in this property before someone else does, or move in and enjoy either the 5-bed apt or the 1-bed apt for months, years, or decades before cashing in. Schedule a showing today and explore the potential of this exceptional opportunity. (id:50133)
MLS® Number | 1364047 |
Property Type | Multi-family |
Neigbourhood | Sandy Hill |
Amenities Near By | Public Transit, Shopping |
Features | Balcony |
Parking Space Total | 3 |
Structure | Patio(s), Porch |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Constructed Date | 1898 |
Cooling Type | Heat Pump |
Exterior Finish | Brick |
Flooring Type | Hardwood |
Foundation Type | Stone |
Heating Fuel | Oil |
Heating Type | Hot Water Radiator Heat |
Stories Total | 3 |
Type | Duplex |
Utility Water | Municipal Water |
Surfaced |
Acreage | No |
Current Use | Development Residential |
Land Amenities | Public Transit, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 93 Ft ,2 In |
Size Frontage | 50 Ft ,10 In |
Size Irregular | 50.87 Ft X 93.2 Ft |
Size Total Text | 50.87 Ft X 93.2 Ft |
Zoning Description | R4ud |
https://www.realtor.ca/real-estate/26238271/306-nelson-street-ottawa-sandy-hill
Contact us for more information
Michel Brissette
Broker
(613) 686-6336
(613) 224-5690