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. |
Price | $950,000 |
Taxes: | $5205.00 |
Occupancy by: | Tenant |
Address: | 252 EMOND St , Vanier and Kingsview Park, K1L 7R8, Ontario |
Postal Code: | K1L 7R8 |
Province/State: | Ontario |
Legal Description: | PT LT 7, PL 242 ; PT LT 8, PL 242 , AS I |
Lot Size: | 48.50 x 69.50 (Feet) |
Directions/Cross Streets: | Vanier Parkway, Right on Deschamps Ave. Right on Emond St. or Montreal Rd to Hannah St. Left on Desc |
Category: | Apartment |
Insurance Expense: | $3952 |
Water Expense: | $2093 |
Gross Income/Sales: | $80883 |
Net Income Before Debt: | $69183 |
Heat Type: | Baseboard |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK REALTY GROUP |
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Type: | Com - Investment |
Area: | Ottawa |
Municipality: | Vanier and Kingsview Park |
Neighbourhood: | 3402 - Vanier |
Lot Size: | 48.50 x 69.50(Feet) |
Tax: | $5,205 |