Elegant & stately 10 unit apartment building

455 Besserer St, Ottawa, Ontario K1N 6C2

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455 BESSERER STREET

List Price

$3,150,000

$22,944 (2020 Tax)

Property Details

MLS® #

1250713

Property Address

455 Besserer St,
Ottawa, Ontario K1N 6C2

Type

Apartment 5+ Units

Style

MultiFamily

Basement

Year Built

1924

Long Frontage

47.51 ft

Lot Depth

99 ft

Numer of Storeys

3

Number of Units

10

Description

Welcome to the Connaught building at 455 Besserer, one of the original grand old dames of Sandy Hill. Elegant & stately 10 unit apartment building located on a prestigious tree lined street in the highly desired Sandy Hill district. With a walk score of 87, it is minutes to Ottawa U, restaurants, local pubs, Byward Market & shopping & transit. Fully modernized on the interior by the current owners, comfortably blending modern conveniences with historic charm. Unique potential to add an 11th 3 bedroom unit in the lower level which boasts 10ft ceilings & exposed brick walls. Upgrades include: all new electrical meters & main installed, underground service completed in 2019, all new windows on the west side, fire retrofit, approx $30K spent on upgrades to each unit. A solid investment and a rare opportunity to own a piece of Ottawa’s history in one of the city’s finest neighbourhoods!

Financial information

Net Operating Income $115,647
Annual Gross Income
$170,580
Operating Costs
$54,933
Other Costs
$0

Apartment

Number of Storeys
3
Total Number of Units
10
Total Parking
2
Number of Elevators
0

Listing Provided By

Wendy Brown, Royal LePage Performance Realty