3 multifamilies in Ottawa - between $679k and $900k

Opportunity 1131699

Center town – Bronson and Cooper area

triplex

Price - $899,900

Net Income - $42,530

This wonderful 4 unit multi-family building is located in Centretown, close to public transit and within walking distance to downtown. All units are rented, Apt#1 main level-2 bedroom unit, Apt#2 2nd Level-3 bedroom unit , Apt#3 3rd Level-1 bedroom unit + deck, Apt#4 Lower Level-Bachelor unit. The building is a legal triplex. Fire retrofitted, 3 hydro meters, detached double car garage, coin operated washer/dryer located on main floor, Furnace (2014), HWT (2014), Apt#s 1 and 2: Washrooms Updated (2018). The interior listing photos represent Apt#3 (Owner Occupied). Utility expenses are from 2017. Coin Washer and Dryer located on main floor.

Opportunity 1120714

Ottawa East – Main and Lees area

triplex

Price - $899,900

Net Income - $41,323

Quality tri-plex in desirable Old Ottawa East. Ideally located, walking distance to the Canal, The Glebe, Elgin Street, Ottawa U and minutes from the Queensway. 2/two bedroom units (Unit 2 has a second floor loft), 1/one bedroom unit. All three units are rented by professionals, no students. Current owners have never had a vacancy since purchasing the property. Fire Retrofit 2010. Roof-house/shed 2018, High efficiency furnace and A/C 2016, Ductless A/C in unit 2 for added cooling 2016. New appliances in the past year, Unit 3-dryer, Unit 1-fridge/dishwasher/washer/dryer/, Unit 2-fridge/washer/dryer/stove. 3 hydro meters. Unit one and two pay their own hydro. Landlord pays for heat/water/sewage plus hydro for basement unit and common areas. Rents - Unit 1-$1725 (starting Dec. 1/18), Unit 2-$1430 and basement unit-$1270. Storage shed rented at $100 per month. 24 hours notice on all showings. Showing times Tuesday\Saturdays 3 -5 p.m. by appointment only.

Opportunity 1106170

Lower Town – St Patrick and Cobourg area

fouplex

Price - $679,900

Net Income - $33,728

This 4 unit building is a solid, reliable producer. Low maintenance and an easy operational scale: It is perfect for either first time investors or veterans looking to tuck another building into an already productive portfolio. Each unit with it's own private entry. The units are mostly renovated and modernized and all on hardwood flooring. On site laundry room with coin-operated machines provide additional income . Great Value. Subsequent to this listing one owner has become a licensed registrant in the city of Etobicoke. $625/month paid out to current property manager.