Richard Avenue

Billings Bridge

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Property Type


Multifamily

Lot Size


50ft x 100 ft

Year Built


1957

Taxes/Year


$6,019 / 2022

Parking


2 Driveways

Cooling


None

Heating


Forced Air / Natural Gas

Total Units


3

3 Bedroom Units


2

2 Bedroom Units


1

Property Description

Over 110K in updates since 2011 for this well-maintained duplex with additional legal basement unit in sought-after location! Minutes to Carleton University, The Glebe (Lansdowne), Rideau River, Hospitals and Billings Bridge – great for your convenience and tenant attraction. In 2011, this building was modernized with major updates including all the plumbing and DWV, duct work throughout basement and first unit, and electrical work with 4 separate panels (one for every unit and one for common areas) and 4 hydro meters. Windows replaced 2010 and roof reshingled 2019. This building offers TWO 3-bedroom apartments PLUS the addition of a spacious 2 bedroom basement suite in 2011. Main floor unit is vacant and top floor is owner occupied – rents are estimated at $1950/m + hydro. Lower level is currently rented at $1,144 and $50 for parking + hydro. Plenty of parking with two driveways. Great as an investment or opportunity to live in one unit and rent the others for additional income!

Property Location

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