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1403 Sault St

Sault StOrléansOttawaON, K1E 1G8

5
Beds
2
Baths
-
$XXX,XXX
1403 Sault St, Ottawa, ON - 1 of 3
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1403 Sault St, Ottawa, ON - 2 of 3
1403 Sault St, Ottawa, ON - 3 of 3

The CASHFLOW COW you?ve been waiting for! INVESTORS: Rarely offered 5.29% Cap Rate. Annual Gross Income of $44,327 split between 2 newly renovated, tenanted, turnkey & LEGAL separate units. Upper Unit - 3 Bed/1 Bath & rents for $2,019+Hydro (MtM). Lower Unit - 2 Bed/1 Bath, rents for $1,675+Hydro. Both have been built with design,...

The CASHFLOW COW you?ve been waiting for! INVESTORS: Rarely offered 5.29% Cap Rate. Annual Gross Income of $44,327 split between 2 newly renovated, tenanted, turnkey & LEGAL separate units. Upper Unit - 3 Bed/1 Bath & rents for $2,019+Hydro (MtM). Lower Unit - 2 Bed/1 Bath, rents for $1,675+Hydro. Both have been built with design, function, and durability in mind. In addition to the state-of-the-art and incredibly efficient boiler system, separate Hydro meters, and low taxes, the Timeless white kitchens, Quartz countertops, New Appliances, In-suite laundry, and Luxury vinyl floors, provide the perfect ultra Low Expense and Low Maintenance investment opportunity! NOI $37,056. Huge 60x100 corner lot with 36ft oversized garage! Pre-Inspection Available upon request. EXCELLENT A++ location. Walking distance to Grocery, Place d?Orleans, Restaurants and multiple parks! Offers to be presented on June 30 @ 2pm, however Seller reserves the right to accept pre-emptive offers with 24 Irrevocable.

Property Details

Size

Sq. Ft. Not Available
10 total rooms
5 Beds
3 Above Grade - 2 Below Grade
2 Baths
2 Full

Parking

8 Parking Spaces
-

Lot

Size
60′0″ * 100′0″
Acres
-

Build

Year Built
1964
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-
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Rooms

Living/Dining

Living Room

Bedroom

10′11″ x 12′11″

Bedroom

Bedroom

Bedroom

Bedroom

Bath 3-Piece

Bathroom

Living/Dining

Living Room

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2022-01-01
Property Tax Amount
$3,656

Source

Listing Brokerage

MLS® Listing
1299456
Last Updated
April 14, 2023
Brokerage
RE/MAX HALLMARK REALTY GROUP
Call us 800-591-0566

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