258-260 St. Andrew Street

About This Property

An investment property you would be proud to live in. Welcome 258 & 260 St. Andrew in Lower Town. This property enjoys the character of old construction and newer construction wrapped up into one investment. The original building at 258 St. Andrew was built in the 1950s and features a solid terrazzo floor entrance and three spacious units. 1 - one bedroom unit and 2 - two bedroom units. These units come with a fridge and stove and common coin operated washer and dryer. The heating system is boiler hot water radiant, and the roof was replaced in 2015. 260 St. Andrew was built in 2002 and consists of 3 - modern open concept styled units with two bedrooms each, two bedrooms on the main level and 2 - two story second and third level two bedroom units. These units each have their own furnace and A/C unit plus fridge, stove, washer & dryer. 2 parking spots for both buildings. Conveniently located close to Byward Market, Ottawa University and downtown Ottawa. These buildings have been well maintained and well cared for and are ready for the next investor. Gross income $105,069 with a net income of $64,919.