Ottawa, ON K1N5P8,164 CLARENCE STREET
Ottawa, ON K1N5P8,164 CLARENCE STREET
Ottawa, ON K1N5P8,164 CLARENCE STREET
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$1,149,900
Est. payment /mo
9 Beds
3 Baths
3,000 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $383

Subdivision 4001 - Lower Town/Byward Market

MLS® Listing ID X12179677

Bedrooms 9

Source Ottawa Real Estate Board

Property Description

This property is well located in the heart of downtown Ottawa. 3- 3 Bedrooms Apartments fully rented all above ground , great tenants. All Units have 5 appliances, fridges and stoves and washer and dryer and dishwashers. The units , are fully rented as follow: ( Apt 1 rented at $2248.00 + hydro) , ( Apt #2 rented at $2205.00 + hydro) , (Apt #3 rented at $2151.00 plus hydro) . Total yearly rental income for the 3 units ($79,248.00 ) + 4 parking spaces rented at $150 Monthly or $7200.00 yearly. = Gross Income before expenses $ 86,448.00 Total Expenses $22,332.00 as follow : ( Property Taxes $7800.00, Heat $6000.00, common hydro $561.00, Water $1,768.00, Insurance $5100.00, snow removal $1100.00) . TOTAL NET INCOME after expenses $64,116.00 Please allow 24 hours on all offers and 24 hour notice for all showings. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Hot water radiator heat

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 3

Sewer Sanitary sewer


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164 CLARENCE STREET