LOADING

365 Water Street Plantagenet, Ontario K0B 1L0

None Baseboard Heaters, Forced Air

$109,900

WATERVIEW DUPLEX with Double Car Garage! Needs TLC and some cosmetic work but all in all, where will you get a $110k investment backing on the water with a 8% cap rate??!! Or LIVE-IN A BIG HOUSE AND RENT A SEPARATE UNIT. TWO-CAR GARAGE. MUNICIPAL WATER + SEWER. Detached mainly brick multi-unit has 2 units (4 bedrm - $1200, One bedroom - $480). FULLY RENTED - month to month. Gross income - $20,160. Expenses - $11299.40 = $8860.60 current NOI. Cap rate - 8.05%. Tenants pay NO utilities - rent is all-inclusive. In between OTTAWA and MONTREAL, backing onto South Nation River. Newer Metal Roof and the roof to the addition, Natural Gas Furnace is recent. One bedroom is an addition and is electric heated. Some windows upgraded. Own this investment + make $$ today. Easy to run, turnkey investment, as tenants want to stay. ** TLC: paint, some drywall, some windows, and maybe some new siding or at least siding paint. WE WELCOME OFFERS! (id:27077)

Property Details

MLS® Number 1100211
Property Type Multi-family
Neigbourhood Plantegenet
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 4

Building

Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Cooling Type None
Exterior Finish Brick, Siding
Fireplace Present No
Flooring Type Laminate, Tile
Heating Fuel Natural Gas, Electric
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 105 Ft ,7 In
Size Frontage 83 Ft ,10 In
Size Irregular 83.82 Ft X 105.6 Ft
Size Total Text 83.82 Ft X 105.6 Ft
Zoning Description Residential

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19238753

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RE/MAX Hallmark Realty Group
2255 Carling Avenue, Suite 101
Ottawa, ON K2B 7Z5

(613) 596-5353
(613) 596-4495
www.hallmarkottawa.com

RE/MAX Hallmark Realty Group
2255 Carling Avenue, Suite 101
Ottawa, ON K2B 7Z5

(613) 596-5353
(613) 596-4495
www.hallmarkottawa.com