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252 Emond St

Emond StEast EndOttawaON, K1L 7R9

-
Beds
-
Baths
$950,000
List Price
252 Emond St, Ottawa, ON - 1 of 3
252 Emond St, Ottawa, ON - 2 of 3
252 Emond St, Ottawa, ON - 3 of 3
New
23 days on market

Quick Summary

  • Excellent investment opportunity with 7.3% Cap Rate
  • Substantial monthly cashflow of $1,822 ($21,867/year)
  • Turnkey property with 5 tenanted units
  • Low expense and maintenance investment with 200 amp
  • Opportunity to add coin-operated washer/dryer for extra revenue
  • Excellent tenant-friendly location near amenities
  • Landlord has access to interior and exterior storage
  • 24-hour irrevocable on all offers

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... Show More

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:54626)

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Property Details

Parking

5 Parking Spaces
Surfaced

Lot

Size
582′0″ * 833′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Siding
Foundation
-
Builder Name
-
Stories
2
Flooring
Wall-to-wall carpet, Mixed Flooring, Hardwood
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1417298
Last Updated
October 29, 2024
Brokerage
RE/MAX HALLMARK REALTY GROUP
Powered by: REALTOR.ca
Call us 800-591-0566

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