MLS#: X12414271Listed: about 4 hours agoUpdated:about 4 hours ago
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. (id:58075)
Details
Details for 374 378 Montfort Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Triplex
Storeys
2
Neighborhood
3402 - Vanier
Land Size
31.2 x 80 FT
Year Built
-
Annual Property Taxes
$4,905
Parking Type
No Garage
Inside
Appliances
Refrigerator, Water meter, Stove
Rooms
19
Bedrooms
5
Bathrooms
3
Fireplace
-
Fireplace Total
-
Basement
Finished, N/A
Building
Architecture Style
-
Direction
Montreal Rd
Type of Dwelling
triplex
Roof
-
Exterior
Stucco, Concrete Block
Foundation
Concrete
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
31.2 x 80 FT
Zoning
-
Zoning Description
Res
Parking
Features
No Garage
Total Parking
1
Utilities
Cooling
Window air conditioner
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-
Rooms
Rooms for 374 378 Montfort Street, Ottawa, Ontario