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:4069)
Address |
252 EMOND STREET |
List Price |
$950,000 |
Property Type |
Multi-family |
Type of Dwelling |
Triplex |
Area |
Ontario |
Sub-Area |
Ottawa |
Lot Size |
48.5 ft X 69.5 ft Sq. Ft. |
MLS® Number |
1417298 |
Listing Brokerage |
RE/MAX HALLMARK REALTY GROUP
|
Basement Area |
Full (Finished) |
Postal Code |
K1L7R8 |
Zoning |
Residential R4E |
Site Influences |
Public Transit, Recreation Nearby, Shopping |