TURN KEY investment with a 6% CAP RATE! INVESTORS: Cashflow $1,380 month ($16,560/year). Annual Gross Income of $46,740 split between 2 newly renovated & LEGAL separate units. Upper Unit-3 Bed/1.5 Bath is vacant & should rent for $2000+Hydro. Lower Unit-3 Bed/2 Full Bath, currently rents for $1895+Hydro. Both have been built with design,...
TURN KEY investment with a 6% CAP RATE! INVESTORS: Cashflow $1,380 month ($16,560/year). Annual Gross Income of $46,740 split between 2 newly renovated & LEGAL separate units. Upper Unit-3 Bed/1.5 Bath is vacant & should rent for $2000+Hydro. Lower Unit-3 Bed/2 Full Bath, currently rents for $1895+Hydro. Both have been built with design, function & durability in mind. The incredibly efficient boiler system, separate Hydro meters, new AC, & low taxes, Timeless white kitchens, updated Appliances, In-suite laundry & Luxury wood & vinyl floors, provide the perfect Low Expense & Low Maintenance investment opportunity! NOI $40,489. SAVVY HOMEOWNERS: Owner Occupy the top unit & have the other unit pay 95% of your mortgage! Huge backyard with massive deck. EXCELLENT location. Walking distance to Grocery, Schools, Restaurants & multiple parks! Pre-Inspection Available upon request. PRE-EMPTIVE OFFER RECEIVED - TAKING OFFERS AT 9PM TONIGHT - APRIL 6 - WEDNESDAY
Property Details
Size
Parking
Lot
Build
Rooms
Dining Rm
11′1″ x 15′7″
Living Rm
11′1″ x 12′9″
Kitchen
11′1″ x 15′7″
Primary Bedrm
11′1″ x 11′1″
Ensuite 1-Piece
2′11″ x 7′3″
Bedroom
11′6″ x 11′1″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
Sold Nearby
- 4
- 2
- 4
- 2
- 3
- 2
- 3
- 2
- 4
- 2
- 2
- 2
- 3
- 2
- 3
- 1
Listing information provided in part by the Ottawa Real Estate Board for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Copyright © OREB. All rights reserved.
Information is deemed reliable but is not guaranteed accurate by OREB®. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.