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$ 599,000
Est. payment /mo
Active
374-378 MONTFORT STREET Ottawa, ON K1L5N1
5 Beds
3 Baths
1,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $544
Subdivision 3402 - Vanier
MLS® Listing ID X12414271
Bedrooms 5
Source Ottawa Real Estate Board
Property Description
Great starter investment property with upside. Legal Triplex in generally good condition. Fairly long term tenants in upper two units. Lower level has just been completely renovated and awaits a new tenant. Main floor tenants have use of half the yard. There are convenient storage lockers for each unit for bikes etc. in the rear. Both upper units have a bonus "solarium " room that serves as great flex space. See attached Floor plans to see layouts. Full income and expense statement will be attached to the listing. NOI ( before debt service) is $28804.00. Rents are extremely reasonable: Main floor ( 374) $1158, Second floor ( 376) $1742 and Lower Level ( 378) estimate at $1200 ( same rental rate as prior to the renovation). Landlord currently paying for Hydro but it is separately metered and could be split out on tenancy renewal. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 3.64 m X 2.15 m Solarium
Extra Room 2 Second level 3.2 m X 3.08 m Primary Bedroom
Extra Room 3 Second level 2.12 m X 1.6 m Bathroom
Extra Room 4 Second level 3.03 m X 1.91 m Bedroom 2
Extra Room 5 Second level 3.54 m X 3.14 m Living room
Extra Room 6 Second level 3.64 m X 2.4 m Dining room
Interior
Heating Forced air
Cooling Window air conditioner
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 1
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX HALLMARK REALTY GROUP
