Listed by Exp Realty.

458 NELSON Street is a Fourplex, 3-Storey and is currently for Sale @ $2,650,000. Taxes in 2024 were $19,399.00.

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A great investment opportunity is available in the heart of Ottawa with this four-unit building. The 3-Storey on 458 NELSON Street has 9 bedrooms, 8 bathrooms, and is located on a 101.21 x 34.15 ft lot in the community of Sandy Hill . Each spacious unit features four bedrooms and one six-bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($193,834.73) Yearly Expenses: ($68,387.86) Net Income: ($125,446.87). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income.

The address 458 NELSON Street was listed for sale (MLS# X9516445) on Friday, June 14, 2024.