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$ 950,000
Est. payment | /mo
$ 950,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Vanier
MLS® Listing ID 1417298
Originating Board Ottawa Real Estate Board
Property Description
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. (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters
Cooling Wall unit
Flooring Wall-to-wall carpet, Mixed Flooring, Hardwood
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Municipal sewage system