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252 Emond Street

East EndOttawaON, K1L 7R8

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

Quick Summary

  • Lucrative 7.3% capitalization rate investment
  • Substantial monthly cashflow of $1,822
  • Diversified income from 5 tenanted units
  • Efficient 200 amp electrical with 4 hydro meters
  • Low maintenance investment opportunity
  • Excellent tenant-friendly location near amenities
  • Additional revenue from coin-operated laundry
  • Interior and exterior storage available

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., Flooring: Hardwood, Flooring: Carpet W/W & Mixed (id:54626)

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Property Details

Parking

5 Parking Spaces
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Lot

Size
582′0″ * 833′12″
Acres
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Build

Year Built
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Model Name
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Basement
Finished
Exterior
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Foundation
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Builder Name
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Stories
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Flooring
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Roof
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Heating & Cooling

Heating
Baseboard heaters
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Source

Listing Brokerage

MLS® Listing
X9768502
Last Updated
November 26, 2024
Brokerage
RE/MAX HALLMARK REALTY GROUP
Powered by: REALTOR.ca
Call us 800-591-0566

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