Spirepoint Properties

For Sale

 
   
 Spirepoint Properties Deal
 Property For Sale - ID # FS101

 Triplex in Ottawa, Ontario

   
This deal is NO LONGER AVAILABLE

Overview


  • Solid brick triplex income property with great curb appeal
  • Large, bright 2 bedroom apartments are easy to rent
  • Recent upgrades include new flooring throughout all units, new bathrooms and updated kitchens
  • Close to shopping, bus routes, and schools
  • More pictures...

 

Extra Profit Potential


     

  • Parking can be rented - Garage and extra spot in the rear provide the opportunity to rent space to nearby businesses, etc.

 

Details


  • Address - 142/144 Ste Cecile, Ottawa, Ontario, K1L 5L2
  • Building style - 2.5-storey up-down brick triplex (siding on rear addition)
  • Number of Units - three large 2-bedroom apartments, basement completely renovated
  • Roof type - flat tar and gravel
  • Parking spots - 2-3 (including garage in rear)
  • Appliances - 3 fridges (1 new) and 3 stoves (1 new)
  • Heating - high-efficiency hot water gas boiler
  • Water heater - 2 separate water heaters
  • Electricity - 4 separate meters, including one for public lighting

This property is now listed on the Ottawa MLS

Income Annual Monthly
   Unit 1 - 2 bdrm: $9,600 $800
   Unit 2 - 2 bdrm: $9,900 $825
   Unit 3 - 2 bdrm: $9,900 $825
Total $29,400 $2,450
Expenses    
  Taxes: $2,434 $203
   Insurance: $901 $75
   Water: $2,269 $189
   Gas: $3,574 $298
   Hydro: $1,178 $98
Total $10,356 $863
Cash Flow: $19,044 $1,587

 

How To Buy


Please contact Randy Carrol at 613-596-4133 to place an offer. Serious inquiries only please.

 

More Pictures