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Carlington (Ottawa, Ontario, CA - K1Z 6B1)
MLS® $1,215,000 CAD Reduced!




"Great Investment 14 Unit Building"
 

Keller Williams Ottawa Realty
AgentInOttawa


Patrick Walchuk
 
Patrick Walchuk
Email Patrick
 
Phone: 613.788-2127
 
Details

Address: 1113 Merivale Road Type: Commercial Style: Commercial "Apartment Building" Lot Type: Rectangular Year Built: 1987 "Approx." Taxes: $22,815.00 CAD (2007) MLS®: 692358
 
Description

14 unit building with a good mix of 1, 2, and 3 bedrooms, close to experimental farm. On site coin operated laundry (owned, 2 washers and 2 dryers). 14 hydro meters + 1 public meter. 14 refrigerators, 14 stoves, Fire retrofit and survey on file. Tenants pay own heat and hydro except one unit. Only showing 2-3 units, laundry and electrical room, the rest w/ conditional offer. Rents as of April 1st, 2008. L.A. related to Sellers.
 
Highlights

Tenants pay own Heat & Hydro (except for one unit) Five Covered Parking Stalls, Nine Parking Total
Coin Operated Laundry In Unit Hot Water Tanks (9 rented, 5 owned)
Building Intercom Gross Income: $134,948 (Includes Laundry & Parking)
Annual Expenses: $33,553 Net Income: $101,395

Features
Appliances
 Refrigerator  Stove
Lot Features
 Fenced Yard  Lawn
Heating
 Electric Baseboard
Extra Features
 Covered Parking  Public Transportation
Sewer/Water Systems
 Water District
Brokered and Advertised by:   Keller Williams Ottawa Realty, Ltd. Brokerage P2#1682135
 

Information is deemed to be correct but not guaranteed.