Ottawa Real Estate 4 Sale 34 Years Exceptional Results
Len Huffman

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Carlington (Ottawa, Ontario, CA - K1Z 6B1)
MLS® $1,215,000 Reduced!
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"Great Investment 14 Unit Building"
 

Keller Williams Ottawa Realty
KW Ottawa


Len Huffman
 
Len Huffman
Email Len
 
Phone: (613)-236-5959
TollFree: 1-866-807-4617
Fax: (613)-236-1515
 
Details

Address: 1113 Merivale Road Type: Commercial Style: Commercial "Apartment Building" Lot Type: Rectangular Year Built: 1987 "Approx." Taxes: $22,815.00 (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.