123 Pamilla St Ottawa, Ontario K1S 3K9
$899,900
New Price! Now An Incredible 7.23% Cap Rate On This Little Italy Fourplex, Fully Vacant Upon Completion! $2,000+ Cash Flow Even At Current Interest Rates. R4 Zoning. Massive Growth Area! Cranes In The Air Everywhere, Residential Infill On Every Street, Huge Condo Projects Underway. Hardwood Flooring Throughout; Ceramic Tile Kitchens, Bathrooms, And Showers. 4+ Private Surfaced Parking Spaces. All Units Sold Furnished. Projected Rents: Unit #1 (1 Bed) $1,595; Unit 1B (1 Bed) $1,645; Unit 2 (1 Bed W/O Living Rm) $1,495; Unit 3 (1 Bed) $1,595. Average $175/Month Laundry Income. Gross Income $6,505/Month Or $78,060/Year. All Expenses Total $13,005. Net Income $65,055. Cash Flow After Finance @3.5% Is $26,262/Year Or $2,189 Monthly Cash Flow. (id:38109)
Property Details
| MLS® Number | X5552612 |
| Property Type | Single Family |
| Community Name | Ottawa |
| Parking Space Total | 5 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick, Stucco |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | Fourplex |
Land
| Acreage | No |
| Size Irregular | 25 X 100 Ft |
| Size Total Text | 25 X 100 Ft |
https://www.realtor.ca/real-estate/24194152/123-pamilla-st-ottawa-ottawa
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June 28 2022 10:54:26
Toronto Real Estate Board
Keller Williams Realty Centres
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