164 Clarence Street, Lower Town – Sandy Hill, ON K1N 5P8

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.

Details

MLS® Number
X12179677

Bedrooms
9

Bathrooms
3