252 Emond Street Ottawa, Ontario K1L 7R8
$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:55510)
Property Details
| MLS® Number | 1417657 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| ParkingSpaceTotal | 5 |
Building
| ExteriorFinish | Siding, Vinyl |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| 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 | R4ua |
https://www.realtor.ca/real-estate/27591810/252-emond-street-ottawa-vanier
Interested?
Contact us for more information
Shamir Daya
Broker
610 Bronson Avenue
Ottawa, Ontario K1S 4E6
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October 29 2024 03:11:53
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group