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342 Frank St

7 Unit Block of Flats £1,487,653 (£212,522/Unit) 5% Net Initial Yield Ottawa, ON K2P 0Y1

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Investment Highlights

Rare multi-unit Centretown property
Walking distance to downtown landmarks

7 units: 6x3-bed + 1x2-bed

Executive Summary

Prime Centretown Multi-Unit Investment Opportunity! Rare purpose-built, fully rented, three-story brick building generating $194K gross annual income. Features six spacious 3-bedroom units and one 2-bedroom unit, all well-maintained. Excellent location with easy walking access to Bank Street, Elgin Street, and Parliament Hill. A fantastic addition to any investment portfolio.

Property Facts

Price	£1,487,653	Apartment Style	Low Rise
Price Per Unit	£212,522	Building Class	C
Sale Type	Investment	Lot Size	0.09 AC
Net Initial Yield	5%	Building Size	7,434 SF
No. Units	7	Number of Floors	3
Property Type	Residential	Year Built	1902
Property Subtype	Apartment

Price	£1,487,653
Price Per Unit	£212,522
Sale Type	Investment
Net Initial Yield	5%
No. Units	7
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.09 AC
Building Size	7,434 SF
Number of Floors	3
Year Built	1902

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
2+1	1	-	-
3+1	6	-	-

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Walk Score ®

Walker's Paradise (99)

Transit Score ®

Excellent Transit (79)

Bike Score ®

Biker's Paradise (99)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

Listing ID: 34082833
Date on Market: 04/12/2024
Last Updated:
Address: 342 Frank St, Ottawa, ON K2P 0Y1

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