252 EMOND STREET, Ottawa, Ontario, K1L 7R8

$950,000

MLS® # 1417657

Investment For Sale In Vanier North, Ottawa, Ontario

$950,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Siding, Vinyl
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 69.5 Feet
  • Lot Frontage: 48.5 Feet
  • Lot Size: 48.5 ft X 69.5 ft
  • Zoning: R4UA
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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