155 Marquette Av 6 Unit Apartment Building $1,129,628 USD ($188,271 USD/Unit) Ottawa, ON K1L 5J7

155 MARQUETTE AVE. is a purpose built 6-unit (4 x 2 bedroom, 2 x 1 bedroom) apartment building in close walking distant to trendy
ASSUMABLE MORTGAGE AT 2.17% INTEREST! Own a turnkey investment property in sought-after Beechwood Village! This well-maintained, purpose built 6-unit (4 x 2 bdrm, 2 x 1 bdrm) offers a fantastic opportunity for investors seeking stable income and further opportunities to add value. Assumable CMHC-insured 1st mortgage with an ultra low 2.17% interest rate allows buyer room to add additional mortgage in second position, considerably lowering the initial investment required. Upon renewal in Dec 2025, a buyer will have the opportunity to refinance at stabilized rates. Fully renovated mechanical and laundry room ensures reliable operation for years to come and minimizes operating costs. Upgraded windows throughout enhance comfort and efficiency. The R4S zoning allows for renovations and potential to increase density in the future. Situated in the vibrant Beechwood Village / Vanier North neighbourhood, the property enjoys excellent access to shops, restaurants, schools, and public transportation, ensuring a steady tenant pool.