252 Emond Street Ottawa, Ontario K1L 7R8

$950,000

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:43934)

Property Details

MLS® Number	1417298
Property Type	Multi-family
Neigbourhood	Vanier
AmenitiesNearBy	Public Transit, Recreation Nearby, Shopping
ParkingSpaceTotal	5
StorageType	Storage Shed

Building

BasementDevelopment	Finished
BasementType	Full (finished)
ConstructionStyleAttachment	Attached
CoolingType	Wall Unit
ExteriorFinish	Siding
FlooringType	Wall-to-wall Carpet, Mixed Flooring, Hardwood
HeatingFuel	Electric
HeatingType	Baseboard Heaters
StoriesTotal	2
Type	Triplex
UtilityWater	Municipal Water

Parking

Surfaced

Land

Acreage	No
LandAmenities	Public Transit, Recreation Nearby, Shopping
Sewer	Municipal Sewage System
SizeDepth	69 Ft ,6 In
SizeFrontage	48 Ft ,6 In
SizeIrregular	48.5 Ft X 69.5 Ft
SizeTotalText	48.5 Ft X 69.5 Ft
ZoningDescription	Residential R4e

https://www.realtor.ca/real-estate/27591812/252-emond-street-ottawa-vanier