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$ 950,000
Est. payment /mo
Active
252 EMOND ST Ottawa, ON K1L 7R8
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1417657
Annual Tax Amount $5,205
Tax Year 2023
Property Sub-Type Apartment 5+ Units
Property Description
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.
Location
Province ON
Rooms
Basement Full
Interior
Heating Electricity
Building
Story 2
Sewer Sewer Connected
Water Municipal
Structure Type Siding,Vinyl
Listed by RE/MAX HALLMARK REALTY GROUP