48 LOUISA STREET
Ottawa, Ontario K1R6Y8

$989,000

ID# X12104946
Welcome to 48 Louisa. Investment opportunity; four plex in West Centre town zoned R4T. Located on an oversize lot (49.93ft x 91.84ft) in a thriving neighbourhood perfect for young professionals. Walking distance to Little Italy. Large home that houses 3 units & separate bungalow, four units in total. APT. 1 - Featuring 2 bedrooms, oversized family room, modern bathroom & front yard patio area -> Rented at $2,200/monthly (12 month lease converting month to month Dec. 1st 2025 / electricity, heat, water included). APT. 2 - Bachelor with convenient balcony access & bathroom -> Rented at $1,148/monthly (Rent going up to 1,177 June 1st, 2025 / electricity, heat, water included). APT. 3 - Featuring 1 bedroom + den/office & 1 bathroom -> Rented at $1,486/monthly (Rent going up to $1,523 Jan. 1st, 2025 / electricity, heat, water included). APT. 4 - Featuring 2 bedrooms, 1 bathroom & private exclusive yard -> Rented at $1,164/monthly (Rent going up to $1,193 Nov. 1st, 2025 / hydro paid by tenant). Shared pay per use laundry in the basement adding approx. $800 in yearly income. 5 surface outdoor parking. Great current & future value. BOOK YOUR PRIVATE SHOWING TODAY!!! (id:25961)

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General Inquiry
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: April 22, 2025

On market: 4 days
Bathroom Total 4
Bedrooms Total 6
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2

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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

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