374-378 MONTFORT STREET|Ottawa, Ontario K1L5N1

CAD 599,000
For Sale MLS: X12414271

Property Details

Bedrooms

5

Bathrooms

3

Property Type

Multi-family

Description

MLS Number: X12414271

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 4 + 1 • Bathrooms: 3 • Building Type: Triplex • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: No Garage • Parking Spaces: N/A

Description: Great starter investment property with upside. Legal Triplex in generally good condition. Fairly long term tenants in upper two units. Lower level has just been completely renovated and awaits a new tenant. Main floor tenants have use of half the yard. There are convenient storage lockers for each unit for bikes etc. in the rear. Both upper units have a bonus "solarium " room that serves as great flex space. See attached Floor plans to see layouts. Full income and expense statement will be attached to the listing. NOI ( before debt service) is $28804.00. Rents are extremely reasonable: Main floor ( 374) $1158, Second floor ( 376) $1742 and Lower Level ( 378) estimate at $1200 ( same rental rate as prior to the renovation). Landlord currently paying for Hydro but it is separately metered and could be split out on tenancy renewal. (41300369)

Agent Information: • Agents: Natalie Belovic • Contact: 613-720-1062 • Brokerage: RE/MAX HALLMARK REALTY GROUP • Website: http://www.hallmarkottawa.com/

Time on Realtor: 1 hour ago

Location

Address

374-378 MONTFORT STREET|Ottawa, Ontario K1L5N1

City

Ottawa

Features and Finishes

None

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