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85-87 Victoria Street

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  • 6 Bedroom
  • 4 Bathroom
  • 2,500 - 3,000 ft2
  • Window Air Conditioner
  • Forced Air

$1,200,000

Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16' x 12' upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario's fastest-growing communities. All kinds of possibilities with this unique income property. (id:50982)

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Details

Property Details
MLS® Number X13218280
Property Type Multi-family
Community Name 909 - Carleton Place
Parking Space Total 4
Building
Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development Other, See Remarks,unfinished
Basement Type N/a (other, See Remarks), N/a (unfinished)
Cooling Type Window Air Conditioner
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Fourplex
Utility Water Municipal Water
Parking
Attached Garage
No Garage
Land
Acreage No
Sewer Sanitary Sewer
Size Depth 109 Ft ,6 In
Size Frontage 52 Ft ,1 In
Size Irregular 52.1 X 109.5 Ft
Size Total Text 52.1 X 109.5 Ft

Map

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