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$950,000
Available - For Sale
Listing ID: X10442214
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.
Price $950,000
Taxes: $5,205
Occupancy by: Tenant
Address: 252 EMOND St , Vanier and Kingsview Park, K1L 7R8, Ontario
Postal Code: K1L 7R8
Province/State: Ontario
Legal Description: PT LT 7, PL 242 ; PT LT 8, PL 242 , AS I
Lot Size: 48.5 x 69.5 (Feet)
Directions/Cross Streets: Vanier Parkway, Right on Deschamps Ave. Right on Emond St. or Montreal Rd to Hannah St. Left on Desc
Zoning: R4UA
Category: Apartment
Insurance Expense: $3952
Water Expense: $2093
Gross Income/Sales: $80883
Net Income Before Debt: $69183
Heat Type: Baseboard
Sewers: Sewers
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

252 EMOND St , Vanier and Kingsview Park, K1L 7R8, Ontario


 
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Type: Com - Investment
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3402 - Vanier
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Lot Size: 48.50 x 69.50(Feet)
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Tax: $5,205
Maintenance Fee: $0
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