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252 EMOND STREET
Ottawa, Ontario K1L7R8

$950,000

ID# 1417298

ABOUT THIS PROPERTY

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:25961)

PROPERTY DETAILS

Cooling Type Wall unit
Flooring Type Wall-to-wall carpet, Mixed Flooring, Hardwood
Heating Type Baseboard heaters
Heating Fuel Electric
Stories Total 2

Property Type

Multi-family
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: October 29, 2024

On market: 25 days

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