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$950,000
Status: For Sale
The CASHFLOW COW you've been waiting for! INVESTORS: 7.3% Cap Rate. Monthly CASHFLOW of $1,822/ month ($21867/year). Annual Gross Income of $80,883 split between 5 tenanted, turnkey units. Three 1 Bed units, one Studio, and one 3 Bed unit. 200 amp, with 4 hydro meters provide the perfect ultra low expense and low maintenance investment opportunity! NOI $69,183. Full financials available. Additional revenue opportunity to add coin operated washer/dryer. Both interior and exterior storage is available to the landlord with power. EXCELLENT tenant friendly location. Walking distance to Grocery, Restaurants, Public Transit Schools and multiple parks! 24 Irrevocable on all offers., Flooring: Hardwood, Flooring: Carpet W/W & Mixed
| Property Type | :Residential |
|---|---|
| MLS Number | :X9768502 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :30 Oct, 2024 (12 Hours ago) |
| Source | :TRREB |
| Area | :Ottawa |
|---|---|
| Postal Code | :
K1L 7R8
|
| Price | : $950,000 |
|---|---|
| Property Taxes | :$5205.00 |
| Tax Year | :2024 |
|---|
| No. of Rooms | :0 |
|---|---|
| Air Conditioning | :Wall Unit |
| Heating | :Baseboard |
| Place of Worship | :No |
| Cross Street | :Vanier Parkway, Right on Deschamps Ave. Right on Emond St. or Montreal Rd to Hannah St. Left on DeschampsAve., Left on Emond St. |
| Fuel | :Electric |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
| Exterior Finish | :Other |
|---|---|
| Basement | :Finished |
| Garage | :Surface |
|---|---|
| Park | :Park |
