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:37464)
Property Details
| MLS® Number | 1417657 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Parking Space Total | 5 |
Building
| Exterior Finish | Siding, Vinyl |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 69 Ft ,6 In |
| Size Frontage | 48 Ft ,6 In |
| Size Irregular | 48.5 Ft X 69.5 Ft |
| Size Total Text | 48.5 Ft X 69.5 Ft |
| Zoning Description | R4ua |
https://www.realtor.ca/real-estate/27591810/252-emond-street-ottawa-vanier
Sales Representative
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October 29 2024 03:11:53
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group