MLS#: X12030263Listed: 15 days agoUpdated:10 days ago
Description
This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italydirectly on Preston Street. There is so much future potential with a location like this directly on Preston st.The proximity to everything and convenient access to the LRT, Lebreton, Dows Lake. Many places withinwalking distance making you want to stay local especially in this vibrant and culturally rich neighborhood.The duplex has two separate units, each with separate hydro meters. You could choose to update andmaintain it as a duplex, Alternatively, you could explore the option of demo and building commercial spaceand apartments above, tapping into the increasing demand for mixed-use developments. Considering theongoing development and appreciation in such prime locations, investing in this property for the futureseems like a easy decision. The potential for rental income coupled with the opportunity for futuredevelopment and appreciation makes it an attractive prospect for investors looking for long-term growth.TM Zoning, Same owners 40+ years. Flexible closing. (id:58075)
Details
Details for 189 Preston Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Duplex
Storeys
2
Neighborhood
4205 - West Centre Town
Land Size
22.6 FT
Year Built
-
Annual Property Taxes
$4,235
Parking Type
Detached Garage, Garage
Inside
Appliances
Washer, Dryer, Two stoves, Water Heater, Two Refrigerators