Triplex alteration 90% complete and prepared so you can produce a 6%+ cap rate!! Rents conservatively based on 3units @2100/unit. Tenants pay gas and hydro. All living space above grade. NO BASEMENT UNIT. This classic Victorian building underwent an overhaul in 2017 including a 3 storey addition, attic conversion, 3 separate gas furnaces, fire escapes and balconies, fully re-wired, plumbed, many windows, and separate laundry. Currently set us as legal duplex with one large 4 bedroom 3 BATH unit (2 storey) , and another 2 bedroom unit. Opportunity is there (including 3rd kitchen rough-in and meters) to easily convert to three units. Never a vacancy. 3 hydro meters, and space for the 3rd gas meter when it's time. Tandem parking for 2 cars. Excellent investment in Downtown Ottawa! View slideshow for some extra pics! Maximize Rents and choose your own tenants in Centretown! (id:55598)
- MLS® 1405799
- Date Listed08/08/2024
- Days on Realty 80 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Sewer Public Sewer
- Subdivision Centretown
- Property Type Duplex
- Year Built 1907
- Water Public
Interior Features
- Flooring Hardwood, Tile
- Cooling None
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
96/100
Walker's Paradise
Walk Score ®
73/100
Excellent Transit
Transit Score ®
88/100
Very Bikeable
Bike Score ®
Overview
Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.Transit Summary
26 nearby routes: 25 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 84/100.
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Frequently Asked Questions for 501 LYON STREET
Source: Realty.com
501 LYON STREET, Ottawa, ON K1R5X6 is a Duplex, Residential Income property listed for $1,069,800 The property is 0 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 30 photos of 501 LYON STREET.
Our records indicate that 501 LYON STREET was built in 1907.
The full address for this home is 501 LYON STREET, Ottawa, ON K1R5X6.
501 LYON STREET has been listed on Realty.com since Thu August 08, 2024
Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 84/100.
Listing provided courtesy of:
RE/MAX HALLMARK REALTY GROUP
(tel: (613) 596-5353)
Listing agent:
Michael Finnerty
(tel: (613) 302-4084)
This content last refreshed on 2024-10-27 13:47:49. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 501 LYON STREET, Ottawa, ON K1R5X6 : MLS® 1405799