Property Description for 179-181 CATHCART STREET
Turn-key investment property in an ideal location, or live in one unit and rent out the other 2! Walk to embassies, government buildings, shops, trails & the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated/upgraded from top to bottom, absolutely everything is done! Best of all, it brings in almost 100k of annual rent with it's 3 large apartments.Tall ceilings, huge rooms, stunning kitchens, beautiful curb appeal, 2 upstairs balconies and one main floor deck, 2 parking spaces, 3 private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with city permits. Upstairs is tenanted for $3100, Main floor tenants pay $2950 and basement is vacant (market rent is $2100). Upgrades include: All appliances 2023, Roof 2024, Boiler 2023, heat/AC pumps 2023 and lots more! This one is cash flow positive at today's interest rates and so easy to rent! Over 3100 square feet of finished living space! See floor plans for all rooms. (id:38686)
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Property Details
Property Tax
: $7,708 (2024)MLS® #
: 1415626
Home Features
Property Type
: Single Family
Room Details
Partial Bathroom
: 0
Interior Features
Heating
: Heat Pump, Radiant heat, Natural gasBasement
: Finished, FullFlooring
: Tile, Hardwood
Utilities
Sewer
: Municipal sewage system
Other
Parking Features
: Open, SurfacedExterior Features
: Brick
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