LOADING

252 Emond Street Ottawa, Ontario K1L 7R8

Wall Unit Baseboard Heaters

$950,000

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:28469)

Property Details

MLS® Number 1417298
Property Type Multi-family
Neigbourhood Vanier
AmenitiesNearBy Public Transit, Recreation Nearby, Shopping
ParkingSpaceTotal 5
StorageType Storage Shed

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Attached
CoolingType Wall Unit
ExteriorFinish Siding
FlooringType Wall-to-wall Carpet, Mixed Flooring, Hardwood
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
Type Triplex
UtilityWater Municipal Water

Parking

Surfaced

Land

Acreage No
LandAmenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
SizeDepth 69 Ft ,6 In
SizeFrontage 48 Ft ,6 In
SizeIrregular 48.5 Ft X 69.5 Ft
SizeTotalText 48.5 Ft X 69.5 Ft
ZoningDescription Residential R4e