3 Ottawa Multifamilies from $499,000 to $899,000
PARK
Legal 5 unit . Over 55K gross income and another 10k in additional revenue. Good unit mix with 1x bachelor, 4x2 bedroom. All brick building in good shape. 1 2 bedroom unit has been completely renovated and remodeled can be used a template for the other units in the building. Owned hot water tanks. Parking at back of property. 1 unit currently vacant waiting for your new tenant. Showings Monday 1-7, Wednesdays 4-7, Friday 1-7, Saturday 10-5 with minimum 24 hours notice. Ask re: additional income.
Legal 5 unit . Over 55K gross income and another 10k in additional revenue. Good unit mix with 1x bachelor, 4x2 bedroom. All brick building in good shape. 1 2 bedroom unit has been completely renovated and remodeled can be used a template for the other units in the building. Owned hot water tanks. Parking at back of property. 1 unit currently vacant waiting for your new tenant. Showings Monday 1-7, Wednesdays 4-7, Friday 1-7, Saturday 10-5 with minimum 24 hours notice. Ask re: additional income.
NOI - $40,249
Cap Rate - 6.4%
LALEMANT
A must to view! Reno'd top to bottom, including roof '18 & '15, windows '09-'10, new doors '18 &'15, New ext lights & plugs in '18, New flooring in most units except baths '18, fully painted, new baths 2018. All new electrical panels in furnace rm. Most plumbing upgraded '18. All appliances over the last 8yrs. All work met fire code in apts A & B & work performed was with structural engineers. Furnace changed to GAS '15. Laminate & cer. tiles. 3 meters all changed and updated. Soffits aluminum '18. Rear deck '17-'18. Apt A (middle) 3 beds, W/D/F/S with access to front veranda, Tenant pays $1350 - all inclusive w 2 pkg included. APT B (top) 3 beds, W/D/F/S. tenant pays $1500 - all inclusive w/1 pkg included. APT C (L.L) F/S. W/D in furnace rm w/exlcusive use. Tenant pays $1100 all inclusive. Close to everything possible - publice transit, schools, shopping you name it!
NOI - $42,946
Cap Rate - 7.8%
COOPER
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.
NOI - $42,642
LALEMANT
A must to view! Reno'd top to bottom, including roof '18 & '15, windows '09-'10, new doors '18 &'15, New ext lights & plugs in '18, New flooring in most units except baths '18, fully painted, new baths 2018. All new electrical panels in furnace rm. Most plumbing upgraded '18. All appliances over the last 8yrs. All work met fire code in apts A & B & work performed was with structural engineers. Furnace changed to GAS '15. Laminate & cer. tiles. 3 meters all changed and updated. Soffits aluminum '18. Rear deck '17-'18. Apt A (middle) 3 beds, W/D/F/S with access to front veranda, Tenant pays $1350 - all inclusive w 2 pkg included. APT B (top) 3 beds, W/D/F/S. tenant pays $1500 - all inclusive w/1 pkg included. APT C (L.L) F/S. W/D in furnace rm w/exlcusive use. Tenant pays $1100 all inclusive. Close to everything possible - publice transit, schools, shopping you name it!
NOI - $42,946
Cap Rate - 7.8%
COOPER
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.
NOI - $42,642
Cap Rate - 4.7%
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