ZONING R4UD. GREAT INVESTMENT in the University district. 3 units with 0 vacancy rate. Located 5 min walk to University. 2 minutes to Rideau Canal. Great rental location. GROSS income of $61,185.00 and NET INCOME of $49,760.17. Seller pays for N-gas, water & sewers. Roof was replaced in 2020. Plumbing, electrical with 3 meters, insulation, drywalling & windows were done in 2000. Rental hot water tank, Owned furnace 6 yrs old & central AC 2022. Very little TLC needed. Each unit comes with a fridge, stove, washer & dryer. Lower level apartment is a large 1 bedrm, Main floor apartment is a 2 bedrm, Upper level apartment is a 1 bedrm plus bonus loft or 2nd bedrm. Income 2024, $61,185.00, expenses 2023 are Enbridge Gas $1,578.71, Ottawa Hydro $781.08, Water $3,604.44, Insurance $4,607.04. Internet $853.56 in Apt 3 only, NET INCOME $49,670.17 New Driveway & Rear parking lot to be repaired this year at no cost to seller. During construction Smart Living is doing snow removal. (id:19004)
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